Federal Deposit Insurance Corporation (FDIC) Reports Financial Sector Concerns

聯邦存款保險公司 (FDIC) 報告金融部門的擔憂

The Federal Deposit Insurance Corporation (FDIC) has reported $517 billion in unrealized losses within the US banking system. This raises concerns about the stability of the US economy and financial sector.

聯邦存款保險公司 (FDIC) 報告稱，美國銀行系統內未實現損失達 5,170 億美元。這引發了人們對美國經濟和金融部門穩定性的擔憂。

ISM Manufacturing PMI Raises Recessionary Signals

ISM 製造業 PMI 發出衰退訊號

The ISM Manufacturing PMI has fallen to 48.7, below forecasts of 49.6. This indicates a more significant-than-anticipated contraction in manufacturing, adding to concerns about an economic slowdown.

ISM 製造業 PMI 已降至 48.7，低於預期的 49.6。這顯示製造業收縮幅度超出預期，加劇了人們對經濟放緩的擔憂。

Bitcoin Price Surges Amid Interest Rate Cut Expectations

降息預期下比特幣價格飆升

Bitcoin's price has exceeded $70,000 as the weaker manufacturing data increases the likelihood of interest rate cuts by the U.S. Federal Reserve.

由於疲軟的製造業數據增加了聯準會降息的可能性，比特幣的價格已超過 7 萬美元。

63 Banks Facing Insolvency Amidst Credit Squeeze

63家銀行因信貸緊縮而面臨破產

Rising interest rates and delays in rate cuts have put pressure on US banks and businesses. The Federal Reserve Board's termination of the Bank Term Funding Program (FTFP) on March 11th has further heightened risk, particularly for regional banks.

利率上升和降息延遲給美國銀行和企業帶來壓力。聯準會於 3 月 11 日終止銀行定期融資計畫 (FTFP)，進一步加劇了風險，特別是對於地區性銀行而言。

The FDIC reports that 63 banks hold $517 billion in unrealized losses in Q1 2024, signaling a high risk of insolvency for the US banking system. These losses are attributed to rising funding costs, lower asset yields, and the impact of higher mortgage rates.

FDIC 報告稱，2024 年第一季度，63 家銀行未實現損失達 5,170 億美元，顯示美國銀行體系面臨很高的破產風險。這些損失歸因於融資成本上升、資產收益率下降以及抵押貸款利率上升的影響。

These concerns could destabilize the financial sector and the broader economy. "Unrealized losses on available-for-sale and held-to-maturity securities soared by $39 billion to $517 billion in the first quarter. The surge was driven by higher unrealized losses on residential mortgage-backed securities, a result of rising mortgage rates in the first quarter," the FDIC reported.

這些擔憂可能會破壞金融部門和更廣泛的經濟的穩定。 「第一季度，可供出售和持有至到期證券的未實現損失猛增390 億美元，達到5,170 億美元。這一激增是由於住宅抵押貸款支持證券的未實現損失增加，這是由於2017年抵押貸款利率上升所致。

This marks the ninth consecutive quarter of unusually high unrealized losses since the U.S. Federal Reserve began raising interest rates in 2022.

這標誌著自聯準會 2022 年開始升息以來，連續第九個季度出現異常高的未實現損失。