Episode 164: Update on U.S. bank bond portfolios

This episode provides an update on the current situation of unrealized losses in bank bond portfolios. Several articles are reviewed, which address available-for-sale (AFS) securities, held-to-maturity (HTM) securities, accumulated other comprehensive income (AOCI), and adjusted tangible common equity (TCE). The current situation is not great, and banks are beginning to consider alternative strategies such as sale leaseback transactions on their existing branches to cover the losses sustained from the sale of underwater securities.