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<blockquote data-quote="UnionStrong" data-source="post: 5538389" data-attributes="member: 92426"><p>No, SVB was exceptionally stupid to put money into 10 year bonds. It was apparent several years ago that the fed was going to raise interest rates and therefore bonds would drop. But those thieves knew the democrat administration would bail them out so they took risks others wouldn’t have.</p></blockquote><p></p>
[QUOTE="UnionStrong, post: 5538389, member: 92426"] No, SVB was exceptionally stupid to put money into 10 year bonds. It was apparent several years ago that the fed was going to raise interest rates and therefore bonds would drop. But those thieves knew the democrat administration would bail them out so they took risks others wouldn’t have. [/QUOTE]
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