Fed H8 Data update. GET YOUR HELMETS ON! Net Unrealized Gains drop another $6.4B across all banks, to -$11.4B of Net Unrealized Gains across all securities. Treasuries & MBS currently sit at -$9.96B – Big Banks: -$9.38B. ALL UNREALIZED GAINS ARE IN THE NEGATIVE FOR ALL BANKS.
by laflammaster https://www.federalreserve.gov/releases/h8/current/default.htm Looks like they are trying to approach the market like the apes. Trying to form diamond hands out of shit in their hands. Problem: Those securities were pumped by the Fed.
