Be careful, SVB went bust because they invested heavily into long term debt securities and got a big haircut when interest rates rose steeply in 2022.
At 40 year duration even a 1% interest rate hike could greatly affect the market price of the bond. While the market seems to be betting that rates won't rise much more, the possibility of stagflation isn't off the table yet IMHO.
At 40 year duration even a 1% interest rate hike could greatly affect the market price of the bond. While the market seems to be betting that rates won't rise much more, the possibility of stagflation isn't off the table yet IMHO.