When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
SGOV - Can Investors Expect More Inflation Or Market Stability?
iShares 0-3 Month Treasury Bond
2023-03-22 23:44:00 ET
Summary
UBS, which is Switzerland's largest bank is buying Credit Suisse for what is a 3 billion Swiss francs.
Swiss National Bank has stepped in with some extraordinary statements as well, in terms of guaranteeing liquidity to both Credit Suisse and UBS's going concerns.
I think the big drama is the AT1 bondholders are entirely wiped out.
Our base case right now is that the Fed does raise policy rates here at the March meeting, and they raise by 25 basis points.