U.S. Banks Sitting on $306 Billion in Unrealized Losses Amid Rising Rate Pressures

TLDR: U.S. banks are carrying $306 billion in unrealized losses tied to long-term bonds bought during low-rate years. Rising interest rates caused bond prices to collapse, leaving bank balance sheets significantly weaker than reported. Depositors are shifting cash to money markets and Treasuries, draining traditional banks of a key funding source. Commercial real estate stress [...]

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