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NEWS & COMMENTARY

WALL STREET JOURNAL: Banks Took a Big Bond Hit Last Year

February 07, 2023

Banks took the biggest hit to their bond portfolios last year since 2008.

Some 1,100 banks, or about a quarter of all lenders, collectively recognized $4.7 billion in losses on their investment portfolios, according to an analysis by Performance Trust Capital Partners, which advises banks on balance sheet strategy.

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