: Bank debt swoons as Fed moves to contain fallout from SBV, Signature Bank collapses

by | Mar 13, 2023 | Stock Market

Bonds issued by highly rated banks and U.S. financial institutions were under pressure on Monday after the sudden collapse of Silicon Valley Bank and Signature Bank sparked concerns about the banking system. Bonds issued by banks and financial companies, like their stock prices, were some of the biggest movers on Wall Street on Monday. Debt…

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