Robert C 🇺🇸 supports 🇺🇦 #NAFO

This is not optimal but it also isn’t a four alarm fire either. Unrealized losses are the mathematical outcome of interest rates rising. Until these bonds are sold, there is no loss. If they are held to maturity, there is no loss. Only if someone has a separate liquidity issue and they then need to sell bonds early will they experience any loss here. So they won’t be inclined to sell at all unless absolutely desperate.