More deposits, fewer loans prompt banks to stockpile bonds

US commercial banks own a record number of government bonds, including Treasurys, nonmortgage debt and mortgage-backed securities. Bank executives say they are buying bonds as they see more deposits but not enough solid loan opportunities

Read more

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s