How Silicon Valley Bank (SVB) crisis may impact mutual funds, IPO, other assets — explained3 min read . Updated: 14 Mar 2023, 08:13 AM IST
- Silicon Valley Bank crisis may have negative impact on US bond investors dealing in treasuries, say experts
SVB collapse: After the Silicon Valley Bank (SVB) crisis, global equity markets and US dollar are under stress. In last fo sessions, US dollar rate has retraced from three month highs as Dollar Index has slipped from around 106 levels to around 103 levels while key benchmark indices on Wall Street lost up to 2 percent in Friday's session. However, gold rates today climbed to the tune of $1,880 per ounce levels, logging around $65 per ounce spike since Thursday's lows of around $1,815 levels. After failing to sustain above the 4 percent yield level, US bond yield has once again started to appreciate.
Select your Category