Status of Banks’ Unrealized Losses in Q1: Worsened after Brief Rate-Cut-Mania Relief
thesilverindustry.substack.com
Rate-cut-mania soothed the pain, but it’s over. By Wolf Richter for WOLF STREET. In Q1 2024, “unrealized losses” on securities held by commercial banks increased by $39 billion (or by 8.1%) from Q4, to a cumulative loss of $517 billion. These unrealized losses amount to 9.4% of the $5.47 trillion in securities held by those banks, according to today’s FDIC’s quarterly bank data for Q1.
Status of Banks’ Unrealized Losses in Q1: Worsened after Brief Rate-Cut-Mania Relief
Status of Banks’ Unrealized Losses in Q1…
Status of Banks’ Unrealized Losses in Q1: Worsened after Brief Rate-Cut-Mania Relief
Rate-cut-mania soothed the pain, but it’s over. By Wolf Richter for WOLF STREET. In Q1 2024, “unrealized losses” on securities held by commercial banks increased by $39 billion (or by 8.1%) from Q4, to a cumulative loss of $517 billion. These unrealized losses amount to 9.4% of the $5.47 trillion in securities held by those banks, according to today’s FDIC’s quarterly bank data for Q1.