The banking sector has been hammered by the failure of Silicon Valley Bank. But the bank had money stashed into what's supposed to be the safest asset around. What happened?
TIMOTHY A. CLARY/AFP via Getty Images
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Silicon Valley Bank invested billions of dollars in super safe U.S. government bonds. But that choice exposed to the bank to a whole other set of risks.
The banking sector has been hammered by the failure of Silicon Valley Bank. But the bank had money stashed into what's supposed to be the safest asset around. What happened?
TIMOTHY A. CLARY/AFP via Getty Images
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