
Dr. Peter Linneman, Leading Economist and Professional Emeritus
The Walker Webcast
00:00
Banks Can't Sell at Losses
In 2022, the banks did about 10 months of loan production. The Fed had told them they weren't going to raise rates. They raised rates very rapidly and that made losses on their portfolio. As you move into the second quarter, you'll see spreads narrow money come back.
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