SVB, to my mind, had much more specific challenges. Number one, I feel that as a bank, they did not manage rate risk. If you are holding a bond portfolio as a bank and you think that interest rates are likely to go up, and it was very clear to the whole world that we had hit the bottom, you can do interest rate swaps and hedge yourself against that risk.
Gold appears set for a rebound as it regains safe-haven appeal after US-Iran war selloff
Gold has recovered nine percent, signaling renewed investor and central bank interest. The precious metal is now positioned for further gains after market shocks. Lower
August 17, 2026