04 Apr VIEWPOINTS APRIL 2023
Signs of Stress
The surprise failure of Silicon Valley Bank (SVB) has brought fears of instability of the financial system, sending a shockwave of uncertainty across the capital markets. Very elevated volatility in Treasuries, including a dramatic drop in rates across the curve, highlight investor concerns regarding other potential “shoes to drop.” Equity markets have been more resilient, perhaps acknowledging critical differences to the financial crisis 15 years ago.
Read the full article here: Viewpoints April 2023
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