Unrealized losses on Bank of America’s balance sheet are ballooning amid rising bond yields, according to a new report. Bank of America’s unrealized losses on mostly US agency mortgage-backed securities could jump to $111 billion in the fourth quarter of 2024, an increase of 29% from the previous quarter, reports Barron’s. Bank of America’s held-to-maturity […]
The post $111,000,000,000 in Unrealized Losses Could Hit Bank of America As 10-Year Treasury Yield Moves Higher: Report appeared first on The Daily Hodl.
