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Announcing a capital raise is what pushed SVB over the edge (triggered the run). I don't see how doing that in summer or fall of last year would have helped. If
by bagacrap 3y ago
Announcing a capital raise is what pushed SVB over the edge (triggered the run). I don't see how doing that in summer or fall of last year would have helped. If anything their position was slightly improved by the time of the run as compared to October when the ten year yield was peaking.