Government bonds held at banks may be so-called 'toxic asset' of next financial crisis, fund manager says
Traduzione effettuata da Deepl pro
Contagion fears triggered by the speedy collapse of two regional banks in less than a week is raising the risk of a crisis in confidence in U.S. banks, one in which government bonds would be the “toxic asset” at the center of it all.That’s one of two scenarios being entertained by European global investment manager Eric Sturdza Investments, which managed $1.3 billion across eight funds as of January. Under a best-case scenario, investors’ fears would be calmed as California’s Silicon Valley Bank and Signature Bank in New York are reorganized “in an orderly fashion,” according to Chris Crawford, the Boston-based portfolio...
Source : [Government bonds held at banks may be so-called 'toxic asset' of next financial crisis, fund manager says](www.marketwatch.com/story/government-bonds-held-at-banks-may-be-so-called-toxic-asset-of-next-financial-crisis-fund-manager-says-4ccf6b08?mod=newsviewer_click) undefined - Market / March 14, 2023