$111,000,000,000 in Unrealized Losses Could Hit Bank of America As 10-Year Treasury Yield Moves Higher: Report

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... source: https://dailyhodl.com/2025/01/18/111000000000-in-unrealized-losses-could-hit-bank-of-america-as-10-year-treasury-yield-moves-higher-report/