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Hold or sell? High Treasury yields spur U.S. banks to rethink bond portfolios
Source: The Globe and Mail
Interest Rates & YieldsBanking & LiquidityCredit & Bond Markets
A spike in Treasury yields is putting U.S. banks under pressure to choose between selling billions of dollars of bonds at a loss or holding the bonds with paper losses. The article gives no specific loss estimates or details on individual banks.
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