Hey major banks. I think I know how you got your massive trading gains that you reported….

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by laflammaster

All I had to do is take a look at the H8 data. End of Q3-2021, the banks seem to have sold off their unrealized gains to the tune of $7.9T. Of which, $3.7T were for MBS/Treasury related unrealized gains.

Link for those interested in poking around: www.federalreserve.gov/releases/h8/current/default.htm

 

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