News for hackers. Stuff that matters.

A comment on US banks have $620B of unrealized losses on their books. Parent comment

Re:US banks have $620B of unrealized losses on their books by JumpCrisscross on Friday March 31, 2023 @01:50PM (#35390580)
> the Fed now expected by the bond market to pause rate hikes and start cutting rates soon

Both the bond and stock markets have been consistently wrong about this for the last year.

[ Parent | on HN ]
Re:US banks have $620B of unrealized losses on their books by arbuge on Friday March 31, 2023 @02:35PM (#35391343)
That may very well be so, but the price assigned to those holdings (from which the $620B figure is derived) is set by the bond market.
[ Parent | on HN ]