Day: March 16, 2023

Treasury Yields Collapse After First Republic Downgrade To ‘Junk’ by Tyler Durden, https://www.zerohedge.com/ If the systemic risk hangover from Credit Suisse wasn’t enough of a drag on US banking stocks, the news that S&P just downgraded First Republic Bank to ‘junk’ has accelerated the global de-risking. – S&P cut First Republic Bank’s long-term issuer credit …