The Uncertainty of Stock Valuations Amidst SVB's Collapse and Bond-Market Volatility.

The recent closure of three US banks has made it difficult for analysts to determine a fair valuation for stocks due to surging volatility in the US government bond market, which is at its highest level in nearly 15 years. The uncertainty around how the Federal Reserve will react to balance risks to markets and the economy is adding to the problem. Analysts warn that if the market can't price a risk-free Treasury bond, it's impossible to price a stock.