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I hope the fed doesn't get spooked. If anything as long as this doesn't get out of hand this seems like what should be happening in an environment of raising r
by mupuff1234 4y ago
I hope the fed doesn't get spooked.
If anything as long as this doesn't get out of hand this seems like what should be happening in an environment of raising rates - more speculative investments/companies get killed and we return back to normalcy.
- hellcow 4y agoWhere in this case the “speculative investments” are bank deposits and T-bills.
- yabones 4y agoThe "speculation" was that rates would stay low forever.
- drexlspivey 4y agoSVB didn’t buy T-bills though, they would be fine if they did. They bought 10-year bonds that dropped 20-25% in value since 2021 so yeah pretty speculative.
- nerdponx 4y agoThe "speculative" part was that interest rates would stay low.
- deleted 4y ago[deleted]