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Bank of America Racks Up Bond Losses That Could Top $100B
- moose_man 3y agohttps://archive.ph/Q46oB#selection-227.0-227.64 https://archive.ph/Q46oB#selection-227.0-227.64 Honestly, thats a staggering loss. I'm shocked.
- oldpersonintx 3y ago[dead]
- Kon-Peki 3y ago> the bank has said in the past that it has no intention of selling any of the bonds in the held-to-maturity, or HTM, portfolio and that the losses will melt away over time as bonds get paid off or mature. This is true, if they actually hold them to maturity and there are no/few defaults.