InvestorsHub Logo
Followers 48
Posts 9995
Boards Moderated 0
Alias Born 06/26/2003

Re: ed3/6me post# 13229

Saturday, 03/11/2023 5:05:56 PM

Saturday, March 11, 2023 5:05:56 PM

Post# of 19332
the problem is many banks had a lot of bonds in their portfolios. Interest rates shot up and the value of the bonds tanked. If they got out early they are ok but many are still holding