For people who think the banks are fine…

Fed Loaned $160 Billion to Banks and $142 billion to FDIC. But QT-Related Roll-off Continued

At around 4.75%, plus collateral, these are expensive loans for banks.

The Fed’s Discount Window Soared to Its Highest Level Since the Previous Financial Crisis of 2008

Fed Dead Redemption! Flight To Safety As US Treasury 10-Year Yield Drops -16 Basis Points And Fed Discount Window Soars (Wrong Way Yellen Strikes Again!)

European regulators criticise US ‘incompetence’ over Silicon Valley Bank collapse. 

h/t 5k4_5k4