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Strategies & Market Trends : TRIPLE TRADES
OPEN 8.110-5.3%Nov 14 9:30 AM EST

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To: yard_man who wrote (2971)3/12/2023 7:11:45 PM
From: Bull RidaH  Read Replies (2) of 4414
 
"near, term a collapse in yields is not bullish..."

Au contraire mon frere. The spike in bond yields over the past month was due to SVB being on the ropes with $23 Billion in long bond exposure and God knows how much in derivative exposure. Once that all got fire sold late last week, now we get back to regularly scheduled programming, which is a RAGING bond rally.

SVB'S total negative equity will be relatively small for FDIC to absorb, if any at all. Was primarily a liquidity crisis that needed big brother's help in managing. Any bank would suffer the same fate if 25% of their total deposits were attempted to be withdrawn in a single day. This is really much ado about nothing.
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