2 ms·
They had too much MBS with average maturity of 6+ years. T bills by definition mature in a year or less. T bills, if they had any, weren't the problem. https:/
by mertd 4y ago
They had too much MBS with average maturity of 6+ years. T bills by definition mature in a year or less. T bills, if they had any, weren't the problem.
https://www.netinterest.co/p/the-demise-of-silicon-valley-bank https://www.netinterest.co/p/the-demise-of-silicon-valley-ba...
- heartbreak 4y agoTreasury bonds are not the same as treasury bills. Please please everyone stop commenting “facts” about stuff you’re not familiar with.