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> while SVB was ultimately burned by making overly conservative investments. This isn't true, interest rates risk of securities of long duration (especially wh
by hnfong 4y ago
> while SVB was ultimately burned by making overly conservative investments.
This isn't true, interest rates risk of securities of long duration (especially when current fed interest rate is zero) is well known to be risky by anyone who has a cursory understanding of the matter.