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Posted by
Two Blokes Jul 5 -
Filed in
General
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#TwoBlokesTrading
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Bank bond portfolios remained underwater in the first quarter and valuations have not improved much in the second quarter as fears of persistent inflation and budget deficits have pushed intermediate rates higher since the recent low point in early April. Many banks have been hesitant to take significant action in their bond portfolios amid market volatility that caused considerable swings in bank stock valuations.