Re:How deep is the rot in America’s banking industry?
by rhaway84773 on Friday March 17, 2023 @09:12AM
(#35196625)
You know what else is below inflation? The rates SVB has to pay its depositors. As long as the rate is > 0, which is the rate SVB will pay its depositors, there’s no reason the Feds should take any hits.
As long as the rates on the bond are > than the rates SVB is paying its depositors it will be fine.
As long as the rates on the bond are > than the rates SVB is paying its depositors it will be fine.