Category: Interest Rates

Before Collapse of Silicon Valley Bank, the Fed Spotted Big Problems

The New York Times – Business:
The bank was using an incorrect model as it assessed its own risks amid rising interest rates, and spent much of 2022 under a supervisory review.
Banking Crisis Hangs Over Economy, Rekindling Recession Fear

The New York Times – Business:
Borrowing could become tougher, a particular blow to small businesses — and a threat to the recovery’s staying power.
What Are Markets Saying About the World?

The New York Times – Business:
Stocks, bonds and commodities markets are all sending different signals. While the S&P 500 actually rose this week, oil prices fell along with bond yields, signs that investors are worried about the economy.
Will the Fed Keep Tightening as Banks Fail?

The New York Times – Business:
By quietly shedding billions in assets, the Fed is making conditions tighter for banks, home buyers and investors, our columnist says.
Low Rates Were Meant to Last. Without Them, Finance Is In for a Rough Ride.

The New York Times – Business:
Economists expected inflation and rates to stay low for years. With Silicon Valley Bank’s implosion, Wall Street is starting to reckon with how wrong that prediction has proved.
Stocks on Wall Street Rally, Even as Worry About Regional Banks Continues

The New York Times – Business:
The S&P 500 climbed by midday, but shares of First Republic Bank and other regional lenders continued to slide.
Wall Street rises on relief over banks and inflation.

The New York Times – Business:
A rebound in bank stocks provided a pause in the market panic over the health of the financial system.
Silicon Valley Bank Collapse: What We Know and How It Happened

The New York Times – Business:
Regulators shut down Silicon Valley Bank on Friday, in the largest U.S. bank failure since the 2008 financial crisis.
3 Lessons From Silicon Valley Bank’s Failure

The New York Times – Business:
Here’s one takeaway: The bank’s extremely online clientele may have contributed to its downfall.
Silicon Valley Bank Fails After Run by Venture Capital Customers

The New York Times – Business:
The Federal Deposit Insurance Corporation took control of the bank’s assets on Friday.
Jobs Report Gives Fed a Mixed Signal Ahead of March Decision

The New York Times – Business:
The Federal Reserve is anxiously parsing incoming data as it decides between a small or a large rate move this month.
With Wall St. Jumpy Again, the Jobs Report Could Offer Some Clarity

The New York Times – Business:
Investors keep flipping between worrying about the economy and seeing an end to the turmoil. The jobs report on Friday, and a report on inflation next week, might provide direction.