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BTCC / BTCC Square / Global Cryptocurrency /
U.S. Banks Face $329 Billion in Unrealized Losses in Q3

U.S. Banks Face $329 Billion in Unrealized Losses in Q3

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-01-11 02:53:01
0
According to the latest FDIC data, U.S. banks have reduced their unrealized losses from $361 billion in Q2 2023 to $329 billion in Q3 2023. This improvement is attributed to a decline in longer-term interest rates, such as the 30-year mortgage and the 10-year Treasury rates, which increased the value of securities reported by banks. Despite this progress, the $329 billion figure remains a significant concern, especially with the ongoing challenges posed by rising interest rates.
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