U.S. Banks Report $325.1 Billion in Unrealized Losses in Q1 After 6.2% Quarterly Increase
2026-06-06 15:12:03
U.S. banks recorded $325.1 billion in unrealized losses in the first quarter, up 6.2% from the prior quarter. According to NS3.AI, the Federal Deposit Insurance Corporation said higher mortgage rates in March reduced the value of mortgage-backed securities held by banks.
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