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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 gerad on Friday March 31, 2023 @02:12PM (#35390969)
Because there’s no guarantee rates will stay at 4.75% for 10 years. Getting 4.75% for 1 year and then 0% for the next 9 years is objectively far worse than getting 3.5% for 10 years.
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