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Tan_MSJ
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Silicon Valley Bank – What Happened? Why? When? How?
2 points
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Tan_MSJ
4y ago
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by
Tan_MSJ
4y ago
Why would they? their long term treasury bills are yielding almost 0% interest rate and current rate is closer to 6%. Ergo, no one is going to buy an out of the money long term asset at par when current yield is significantly higher. No san