@balajis You’re missing the point that liquidity rules (lcr,nsfr) did not apply to svb as they were <250b assets. These would have certainly helped. This in fact was a result of the last administrations deregulation https://t.co/CKNVd3UPGK
@balajis If anyone bought bonds in 2020 and held them till now solely based on a 2020 fed dot plot they deserve to experience losses. Risk management is not an option but a requirement.