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> Because of rising rates the actual market value of the HTM portfolio was about $76bn at the end of 2022, according to someone who has seen the details of the portfolio and shared them with FTAV — an unrealised loss of $15.1bn.

No need to cite someone, it's literally spelled out in the 10-K. Ctrl-F unrealized losses, see the HTM section. Says 15bn right there. This isn't even hidden.

Not sure if the rest of the article is gonna be worth reading....



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