So what should SVB have done instead? It's well known.. https://www.proshares.com/browse-all-insights/insights/bond-strategies-for-rising-ratesshorten-float-or

So what should SVB have done instead? It's well known.. https://www.proshares.com/browse-all-insights/insights/bond-strategies-for-rising-ratesshorten-float-or-hedge https://www.proshares.com/browse-all-insights/insights/bond-... But even then: Some professor was on Bloomberg today wondering about the hedge strategy. The hedge providers may be at risk if all of the sudden there are a huge amount of sales there. But this only happens during heavy withdrawals...