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But long-term Treasurys are liquid, they just lost value. Be careful not to equate the two. And bizarrely, capital requirements don't require banks to account
by SilasX 4y ago
But long-term Treasurys are liquid, they just lost value. Be careful not to equate the two.
And bizarrely, capital requirements don't require banks to account for duration risk, which is what screwed SVB (and is screwing a lot of other banks now).