SVB’s collapse makes it impossible to say what stocks are worth as bond-market volatility explodes
March 14, 2023 at 16:10 PM EDT
The fallout from the closure of three U.S. banks in the span of a week is making it near-impossible for analysts to determine a fair valuation for stocks as volatility in the U.S. government bond market surges to its highest level in more than a decade, market strategists said.