All this chatter about bank stocks tells us nothing about the bank’s health. Their filing forms that disclose their holdings tell us something. If you have treasuries then this ‘run’ isn’t your fault so much as the government’s. If you don’t have treasuries and you’re in this position, it’s your fault.
( AFAIK FRB hasn’t treasuries on it’s balance sheet. )
Source date (UTC): 2023-03-13 15:10:00 UTC
Original post: https://twitter.com/i/web/status/1635297160408498178
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