Bank Blowup 3/13/23
Power Lunch - A podcast by CNBC
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We’re covering all of the angles of the Fed’s move to backstop depositors of the failed Silicon Valley Bank. We’ll look at what’s happening with other regional banks, and the impact on bond yields, mortgage rates, crypto, China & more. Plus, if failing banks get government backup, does that encourage the behavior that led to these issues in the first place? We’ll debate.