Last October, when the wounds from the March 2023 bank failures - which surpassed the global financial crisis in total assets and which sparked the latest Fed intervention
Thanks for the heads up:
Japan's Norinchukin Bank to sell $63bn of U.S. and European bonds
Bank's fiscal 2024 loss expected to reach record-high $9.5bn
https://asia.nikkei.com/Business/Finance/Japan-s-Norinchukin-Bank-to-sell-63bn-of-U.S.-and-European-bonds
Thanks for the value add!
Good post and heads up. Since we are in planetary civilizational collapse financial costs will be high. A high cost for our all too human mistakes.
Thanks for the heads up:
Japan's Norinchukin Bank to sell $63bn of U.S. and European bonds
Bank's fiscal 2024 loss expected to reach record-high $9.5bn
https://asia.nikkei.com/Business/Finance/Japan-s-Norinchukin-Bank-to-sell-63bn-of-U.S.-and-European-bonds
Thanks for the value add!
Good post and heads up. Since we are in planetary civilizational collapse financial costs will be high. A high cost for our all too human mistakes.