banks investing in bonds that then get reduced in value, turning into losses, as the fed increases its rates seems like a bad investment from the very beginning... every month there are property tax auctions for property that happens every where in every state in different ways, and I remember when I used to go there in person before they moved to the online method in my state, I would meet with people who worked at specific retail banks and they would invest cash into property as long as the bidding met a margin of 33% of whatever the value of the property might have been worth at that time... That's a pretty safe bet, as property doesn't degrade the same way that a bond, stock or investment loan might degrade if someone defaults on it... I'm not sure why people like SVB would be not doing the same thing maybe it's too tricky for them to figure out or they're happy investing most of their money into wineries which apparently is what has happened.... not sure but it seems like when you're sitting on a pile of cash there's better ways to invest your money with a lot better returns....