How did SVB slip through regulators' fingers?
Bank stocks continued to fall on Friday, signaling problems with the financial system that may run deeper than deposit flight at SVB and other regional banks.
One industry-wide challenge is that, after steadily declining for decades and spurred by the fastest tightening of monetary policy since the 1970s, interest rates have soared. Bond prices move inv…
Keep reading with a 7-day free trial
Subscribe to Home Economics to keep reading this post and get 7 days of free access to the full post archives.