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No, SVB invested in long term T-Notes or T-Bonds, not short term T-Bills. T-Bills have much less interest rate risk, because they have a maximum 52-week term.
by tome 4y ago
No, SVB invested in long term T-Notes or T-Bonds, not short term T-Bills. T-Bills have much less interest rate risk, because they have a maximum 52-week term.
- grey-area 4y agoThank you, sorry I was not familiar with the diff between T-bills and T-Bonds, now I know!