Bonds of any kind are not safe if you need the capital before they mature (which SVB did) in the face of interest rate increases. The longer duration the bond,

Bonds of any kind are not safe if you need the capital before they mature (which SVB did) in the face of interest rate increases. The longer duration the bond, the harder it hurts when interest rates increase. There are financial instruments like interest rate swaps specifically for banks to hedge against this exact scenario. Let’s not extrapolate some simplified personal finance advice to financial professionals who should have known better