Bank Bonds
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Rep. Trone Offloaded Bank Bonds Worth Up To $1 …
- https://www.forbes.com/sites/dereksaul/2023/03/21/rep-trone-offloaded-bank-bonds-worth-up-to-1-million-in-weeks-before-banking-crisis/
- 2 days ago · Rep. David Trone (D-Md.) sold between $450,007 and $1 million in bonds from major U.S. banks last month, shortly before the second- and third-largest bank failures in U.S. history stirred up...
Bonds & Rates - WSJ
- https://www.wsj.com/market-data/bonds
- 2.94. 2.38. * Base rate posted by at least 70% of the nation's largest banks. Federal-funds, prime rate updated as needed late evening. All other rates updated by 7PM ET.
Nearly 200 banks could fail the same way SVB did: study
- https://nypost.com/2023/03/18/nearly-200-banks-could-fail-the-same-way-svb-did-study/
- The bank had to sell off some of those bonds to meet customer demands for withdrawals at less than it paid for them, resulting in a nearly $2 billion loss.
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