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These unrealized losses end result with the Federal Reserve boosting desire fees within the fastest pace in above four a long time. They symbolize the losses a financial institution would just take if it ended up pressured to market People securities while in the open up current market currently.
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Latest buyers should continue holding shares. While modifying curiosity charge expectations and important unrealized losses may well really feel unpleasant, BofA is nicely-positioned to weather the storm and carry on delivering for extensive-time period shareholders, which makes it a get.
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