Market Stability Tenuous as Rates Fall, Rise and Moody’s Issues Warning on Banks
Inside Mortgage Finance, Mar. 14, 2023–Paul Muolo
For a few hours Tuesday morning it seemed as though stability had returned to financial markets in the wake of Silicon Valley Bank’s collapse, but then Moody’s Investor Service cut its outlook on the U.S. banking system to negative, citing “rapidly deteriorating conditions.”
https://www.insidemortgagefinance.com/articles/227245-market-stability-tenuous-as-rates-fall-rise-and-moodys-issues-warning-on-banks?v=preview