News for hackers. Stuff that matters.

A comment on Yellen says government will help SVB depositors but rules out bailout. Parent comment

Re:Yellen says government will help SVB depositors but rules... by tome on Sunday March 12, 2023 @12:19PM (#35122011)
No, SVB invested in long term T-Notes or T-Bonds, not short term T-Bills. T-Bills have much less interest rate risk, because they have a maximum 52-week term.
[ Parent | on HN ]
Re:Yellen says government will help SVB depositors but rules... by grey-area on Sunday March 12, 2023 @12:31PM (#35122178)
Thank you, sorry I was not familiar with the diff between T-bills and T-Bonds, now I know!
[ Parent | on HN ]