Banking on Recovery: JPMorgan's Earnings Beat Expectations.
TL;DR Summary
JPMorgan's held-to-maturity bond portfolio has seen a decrease in unrealized losses, narrowing to $30.8 billion on March 31 from $36 billion at year-end, thanks to a bond-market rally this year. This indicates an improvement in the situation of banks' enormous unrealized losses on their bond investments.
Topics:business#bond-investments#bond-market-rally#finance#held-to-maturity-bond-portfolio#jpmorgan#unrealized-losses
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