Probably all banks have some problems with fake values on their balances sheets. All the "HTM" parts need to be actually valued at market rate with 60% to 80% of face value.
If you would do that most banks would be insolvent like SVB or very close. Now that the banks should bail out SVB depositors will that not just bring them even closer to insolvency?
Is Yellen just kicking the can and creating a even bigger mess down the road?
