Going up every month:
Unrealized losses on available-for-sale and held-to-maturity securities increased by $39 billion to $517 billion in the first quarter.
2 Likes
I am no expert on corporate taxes but as an individual investor, I know that harvesting a loss on corporate bond and then using the proceeds to buy another bond trading at a deep discount is a GREAT WAY to take advantage of the tax code.
Perhaps selling is actually a wise decision.
4 Likes
Thanks for the info
But these securities MIGHT BE loans packaged together. It might not be a direct problem for the particular bank stating a loss but it is a problem in the real estate market more than likely.
Leading real estate markets have been in free fall.