Re:Silvergate Bank to Begin Voluntary Liquidation
by koolba on Wednesday March 08, 2023 @05:31PM
(#35075690)
5+% US treasuries can quickly shift the calculus for USD holdings. And lack of “real” money in the system cascades quickly.
[ Parent
| on HN ]
Re:Silvergate Bank to Begin Voluntary Liquidation
by ForHackernews on Wednesday March 08, 2023 @05:34PM
(#35075718)
As they say, it's only once the tide goes out that you discover who's been swimming naked.
Re:Silvergate Bank to Begin Voluntary Liquidation
by dragontamer on Wednesday March 08, 2023 @05:54PM
(#35075915)
Given all the economic data + extremely hawkish comments from Powell yesterday/today, it looks like we're going even higher than expected this year.
FFR futures are expecting a +0.50% increase for the March 22nd meeting.