Yes if you pledge it as a collateral. In such a case you’d have a margin call if paper losses exceeded the agreed upon thresholds. In much of finance bonds and

Yes if you pledge it as a collateral. In such a case you’d have a margin call if paper losses exceeded the agreed upon thresholds. In much of finance bonds and CDs are treated as cash equivalents because it’s easier to move a 100k single bond than make a wire transfer.