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Here is the US 2 year Treasury trading like Bear Stearns is collapsing all over again with a solid 25 bps drop in yields since early this morning:

May 31, 2023 10:58 amMarch 10, 2023 11:51 pm by Alex

by BoatSurfer600

 

See also  Trump Treasury app is pushing the federal government directly into family investment accounts
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Silicon Valley Bank has failed. It’s the second largest bank failure in US history. Roughly 95% of Silicon Valley Bank’s deposits were FIDC uninsured.
This is bound for the biggest financial catastrophe…

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