by Bloomberg.com | Mar 13, 2023 | AlphaTack Intel
Two-year bonds see biggest 3-day yield decline since 1995 Investors seek havens after failure of two US regional banks The yield on short-term Canada bonds is falling at the fastest rate in decades, as investors bet the Bank of Canada will cut rates in coming months...
by Michael Markowski | Mar 11, 2023 | AlphaTack Intel
The collapse of Silicon Valley Bank (SVB), the 2nd largest bank to collapse throughout the history of the U.S., was a watershed event. With the collapse, and most importantly the rate of speed at which it occurred, the probability is very high that the commercial...
by Reuters.com | Mar 10, 2023 | AlphaTack Intel
LONDON, March 10 (Reuters) – Assets invested in U.S. money market funds have reached a new all-time high of $4.9 trillion this year, as soaring short-term interest rates have sent investors rushing into cash, BofA Global Research said on Friday. Money market funds...
by Bloomberg.com | Mar 10, 2023 | AlphaTack Intel
One-day mark-to-market profit of $513 million on short bets Stock remains halted after falling 63% in premarket trading SVB Financial Group’s record plunge on Thursday minted short sellers roughly half a billion dollars in paper profits. But they now face a challenge:...
by Politico.com | Mar 10, 2023 | AlphaTack Intel
The Federal Deposit Insurance Corp. has transferred the bank’s deposits to a new entity in order to protect consumers. Silicon Valley Bank collapsed on Friday after a run on deposits drove the Northern California institution into insolvency, marking the largest bank...
by Bloomberg.com | Mar 9, 2023 | AlphaTack Intel
Biggest run of secondary offerings in a year shows new shift Large holders join corporate issuers with outsized selling Corporate America and its biggest investors are finally accepting lower valuations in stock sales, sparking a sudden rebound secondary offerings...
