4 ms·
> but the latest Fed action violates a 40-year downtrend in interest rates its no big deal to make a little bet based on that, but SVB seems to have bet the f
by newaccount2023 4y ago
> but the latest Fed action violates a 40-year downtrend in interest rates
its no big deal to make a little bet based on that, but SVB seems to have bet the farm
had they even diversified their duration they would have been fine