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by PKop
1193 days ago
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In the short term, it is interesting to see if this problem grows[0]...if Fed keeps rates at high levels for longer, there is going to be a gravitational pull into treasuries which will cause more banks to fail. It would be very prudent to not have more than the FDIC insured amount in especially smaller regional banks that may have made same errors as SIVB while avoiding Basel III regulations [1] [0] https://twitter.com/TOzgokmen/status/1634329176554520576 [1] https://archive.ph/Fx1is |
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