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Re:FDIC Takes over Silicon Valley Bank by dahdum on Friday March 10, 2023 @01:05PM (#35098356)
They chose to buy the much riskier bonds to support their very high 4.5% savings yield.
Re:FDIC Takes over Silicon Valley Bank by MrMan on Friday March 10, 2023 @02:42PM (#35099782)
they were offering 4.5%? that explains a lot in terms of their reaching for yield in low quality assets