The Federal Reserve Bank, with a capitalization of $62 billion, has recently lost $192 billion, as interest rates have risen, according to ETF Guide and Scott Minerd, the Global Chief Investment Officer at Guggenheim Partners. This, despite attempts by the central bank of the United States to keep interest rates much, much lower "Our estimate shows that the spike in bond yields since the first quarter of this year,” writes Minerd, “has caused a mark-to-market loss of $192 billion on the Fed’s holding assets, equivalent to approximately all of the unrealized gains that the Fed had accumulated since it began...
