Pat Toomey (US Sen. ret.)

@SenToomey ↗

Deleted No

Hibernated No

Last Checked April 3, 2023

Created

Mon Mar 13 19:30:09 +0000 2023

Likes

Retweets

Source

TweetDeck

View Raw Data

JSON Data

View on Twitter

Likely Available

Pat Toomey (US Sen. ret.) @SenToomey

Third, when the Fed finally realized how far behind it was in fighting inflation, it had to play catch up by raising rates at a record pace. That devastated the banks' bond portfolios that the Fed had indirectly created. — PolitiTweet.org

Posted March 13, 2023

Preceded By

Pat Toomey (US Sen. ret.) @SenToomey

Second, the Fed's zero interest rate policies—negative real interest rates—forced banks to move out of the risk curve in search of yield. So they invested in longer duration bonds. — PolitiTweet.org

Posted March 13, 2023

Followed By

Pat Toomey (US Sen. ret.) @SenToomey

Tune in to @TheLeadCNN at 4pm to hear @JakeTapper and I discuss the situation with Silicon Valley Bank. — PolitiTweet.org

Posted March 14, 2023