RBC Capital analyst Kenneth Lee maintains Annaly Capital Management (NYSE:NLY) with a Outperform and raises the price target from $20 to $24.
US Banks Are Struggling With $650 Billion In Unrealized Losses On Bond Holdings — Here’s How They Can Get Out
American banks are grappling with a staggering $650 billion in unrealized losses on their bond investments — but there could be a way out.