How can notional losses hurt in reality?
Did you see this headline last week? Norinchukin Bank, a Japanese bank, is selling $63B worth of US and European Government Bonds. The reason is that the bank wants to stem losses from low-yielding foreign government bonds it has purchased in the aftermath of Covid. But hey, if they held the bonds until maturity, there […]
Vineet Rajani
A CFA by qualification, Vineet writes about fundamental analysis, macroeconomics, and portfolio management.
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26 Jun 2024