$63,000,000,000 in US Treasuries and European Bonds To Be Liquidated As Unrealized Losses Hammer Major Bank in Japan
June 21 2024 - 8:04PM
The Daily Hodl
A banking giant in Japan has announced a plan to liquidate $63
billion in US and European treasuries in an attempt to mitigate a
massive amount of unrealized losses on its balance sheet. Japan’s
Norinchukin Bank, which has $681.6 billion in total assets, plans
to complete the sell-off of sovereign bonds by March of next
[…]
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$63,000,000,000 in US Treasuries and European Bonds To Be
Liquidated As Unrealized Losses Hammer Major Bank in Japan
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Continue reading $63,000,000,000 in US Treasuries
and European Bonds To Be Liquidated As Unrealized Losses Hammer
Major Bank in Japan
The post
$63,000,000,000 in US Treasuries and European Bonds
To Be Liquidated As Unrealized Losses Hammer Major Bank in
Japan appeared first on
The Daily Hodl.
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