“The Federal Deposit Insurance Corp. in February reported that U.S. banks’ unrealized losses on available-for-sale and held-to-maturity securities totaled $620 billion as of Dec. 31, up from $8 billion a year earlier before the Fed’s rate push began.” Per WSJ. Can the banking system sustain potentially hundreds of billions of dollars in losses? And this was before rates went higher and SVB failed.

Reply to this note

Please Login to reply.

Discussion

No replies yet.