Bank Reclassify Quarter Trillion In Securities Ahead Of Rate Hike

Wednesday, March 25, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
03/25/2015

Banks have reclassified a quarter trillion in assets in order to avoid the negative effects of an impending rate hike cycle. In the end, investors would be wise to remember that something is only worth what someone is willing to pay you for it.

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