10 years. That's the risk. Locking up your money for 10 years is a huge risk. SVBs risk department told the business that slapping the money in 10 year bonds

10 years. That's the risk. Locking up your money for 10 years is a huge risk. SVBs risk department told the business that slapping the money in 10 year bonds was wrong and that they should put it in short dated bills but the exec team didn't like the lack of profit that would result in so decided to take a massive risk instead.