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Richie Sullivan
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Comments by "Richie Sullivan" (@Theodorebarba) on "URGENT! Fed Slashes Interest Rates. What It Means To You" video.
I think SVB was attempting to restructure their bond holdings. Yes, they would lose money if they sold their low-yield bonds. However, they were attempting to make up for it by repurchasing bonds on the open market at the higher interest rate.
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