(Reuters) - The investment bank said in a quarterly filing that the
average holding period for mortgage securities for a portion of
its inventory was 160 days at May 31, the end of its second
quarter, up from 150 days as of Feb. 28 and Nov. 30.
That could be a sign that the assets are harder to sell,
and any declines in their value could cut into earnings, said
Charles Mulford, an accounting professor at Georgia Tech.
Read more at Reuters.com Bonds News
average holding period for mortgage securities for a portion of
its inventory was 160 days at May 31, the end of its second
quarter, up from 150 days as of Feb. 28 and Nov. 30.
That could be a sign that the assets are harder to sell,
and any declines in their value could cut into earnings, said
Charles Mulford, an accounting professor at Georgia Tech.
Read more at Reuters.com Bonds News
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