SVB was only a little bit insolvent, luckily

Did the US authorities do enough to quell worries about bank runs?

Financial Times

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SVB was only a little bit insolvent, luckily

SVB’s problem was not, as with most failed banks, bad credit blowing a hole in the asset side of the balance sheet. Instead, it was a pure duration mismatch between deposit liabilities and high-quality bond assets. (Source: REUTERS/Nathan Frandino)

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