> That said, it seems the core of the issue was that SVB wasn't properly hedged against interest rate hikes. Not being sarcastic or implying anything: who coul

> That said, it seems the core of the issue was that SVB wasn't properly hedged against interest rate hikes. Not being sarcastic or implying anything: who could have predicted interest rate hikes at the time SVB was being pushed to generate yield/return on their assets (like 2020-2021 if I understand correctly)? In hindsight, what should they have done? Who/what forces drove them to park lots of $ into MBS yielding 1.5% or whatever? What should they have done instead once Fed start hiking interest rates, sell at a smaller loss then? Maybe they didn't believe the Fed?