Data: Unrealized losses in the US banking sector approach 400 billions of dollars
PANews reported on February 25 that, according to the latest FDIC data disclosed by Solid Intel, the unrealized losses on investment securities in the US banking system are approaching 40 billions USD. The chart shows that since 2022, due to the rapid rise in interest rates, both held-to-maturity (HTM) and available-for-sale (AFS) securities have experienced significant book losses. Although these losses have narrowed somewhat from their peak, they still remain at a high level overall.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
RootData: BIO will unlock tokens worth about $1 million in one week
Grayscale Files Zcash ETF That Pays Every 2 Weeks: What's the Catch?
Crypto prices
More
