ilmscore | Prediction Details
"Silicon Valley bank took roughly a hundred billion dollars and invested that into government-backed bonds with a significant portion of that locked away for three to four years at an interest rate of just one point seven nine percent. Essentially this meant that Silicon Valley bank took a massive bet that the Federal Reserve was not going to raise interest rates as fast as they did and when they turned out to be wrong that put them in a very dangerous position."
By Graham Stephan | March 10, 2023 | Pending
From video
Why Banks Are Collapsing (DO THIS ASAP) 00:03:09 - 00:03:33
Interpreted Prediction
Silicon Valley Bank's investment of $100 billion in long-term, low-yield bonds was a failed bet against rapid interest rate hikes by the Federal Reserve, creating a dangerous position for the bank.

Prediction Details

Topic
Silicon Valley Bank Investment Strategy Failure

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