Duh, of course bonds earn less than stocks. That's why they're also not as risky. They're suppose to be more steady FOR AS LONG AS INTEREST RATES ARE LOW. The article is still relevant because it shows why banks invested in bonds, WHICH IS WHAT EVENTUALLY ENDED SVB. They did not have cash to cover their tech customers who were trying to withdraw deposits that were more than $250k.
Don't feel bad for yourself. I don't expect all accountants (be it current or former) to actually know their profession. Look at that Kay Yang investor who is being sued.
Now you might have been an accountant, but my niece and cousin are both bank controllers. I'm pretty sure both know how the banking industry works and this was just a layman's explanation for folks like YAX. Don't want to complicate the information for him.
What happen to the gay
liberals companies going bankrupt???Lol
Is it the liberals companies or SVB making bad bet???
You know I invest and stuff right
Even my low education IQ don’t go all in
Even with these decent interest rate
Because I believe the FED is going raise interest rate
Know your RISK
My risk is short term
And i do a CD LADDER
SVB NEED TO HIRE ME… i will manage and hedge their RISK PIC OR IT DIDN'T HAPPEN