🇺🇸 🇺🇸 Bond Buyers Take Note: Bank of America Has Biggest Losses in Bond Portfolio Among Peers The bank was sitting on an unreallized loss of nearly $109 billion in a large bond portfolio at the end of 2022 This compares with losses of $36 billion for a similarly classified bond portfolio at JPMorgan Chase, $41 billion for Wells Fargo and $25 billion at Citigroup and just $1 billion at Goldman Sachs Group Note: Attention on banks’ bond losses has increased since regulators seized Silicon Valley Bank on Friday. SVB Financial , the lender’s parent, had a $15 billion unrealized loss on its $91 billion held-to-maturity bond portfolio. That was equivalent to nearly all its $16 billion of tangible capital BofA Is Not Collapsing: Bank of America ended 2022 with $1.9 trillion in deposits including about $1.4 trillion of retail deposits, and has an enormous amount of liquidity and faces no pressure to sell any of its held-to-maturity bond portfolio and realize losses A Question For Every Investor: Why Are Banks Selling Bonds to Investors when interest rates are Climbing? Passive Income Is Necessary In These Times Make 70-90% per year, 8-10% every 5 weeks from a suite of Managed Funds that trade in FX and Commodity markets Volatility Volatility Creates New Wealth If You Know How: Volatility is the way to create wealth. Our Managed Funds Trade volatility instead of focusing on market direction 💯💯 Now Here’s The Scoop: An Investor who invests 100K USD in Managed Funds will see his investment turn into 466K USD in 24 months (based on 8% per cycle. 1 year = 10 cycles ) Alternatively, an investment of 50K USD will give you 233K USD in 24 months Talk To Us Now On How We Can Create Passive Income For You For As Little As $1K USD And You Can Earn At Least 70% In 12 Months: bit.ly/AlgoTrader Join Our Passive Wealth WhatsApp Group Now: bit.ly/3AQXlRt Visit Our New Website: Algomasters.com PassiveIncome #ActiveIncome #Algomasters #MoneyMakesMoney #MoneyNeverSleeps
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