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Tweet by Genevieve Roch-Decter, CFA @GRDecter

Silicon Valley Bank Suffers Massive Losses in Bond Sale

🧵 The TL;DR

Silicon Valley Bank (SVB) sold its entire $21 billion bond portfolio at a significant loss, causing its stock to decline 54% today. Investors are worried this could be a sign of more trouble ahead for the bank.

    🔑 Key Points

  • SVB has sold its entire $21 billion bond portfolio for a huge loss.
  • The stock has dropped 54% today due to the losses incurred.
  • Investors are concerned this could be a sign of more trouble ahead for the bank.

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