Re:Credit Suisse sheds nearly 25%, key backer says no more m...
by HPsquared on Wednesday March 15, 2023 @08:59AM
(#35167645)
That's a double whammy.
If you hold a large amount of cash in a low-yielding bank account, you not only get less yield but are also exposed to the possibility of bank failure (which is itself increased by the increase in treasury yields).
If you hold a large amount of cash in a low-yielding bank account, you not only get less yield but are also exposed to the possibility of bank failure (which is itself increased by the increase in treasury yields).