Bassett, William F.; Carlson, Mark - In: Federal Reserve Bulletin (2002) Jun, pp. 259-288
large part by an advance in realized gains on investment account securities as banks' portfolios benefited from declining … increase in core deposits, which provided banks with plentiful, low-interest-rate funding. The expansion of bank balance sheets … banks' portfolios consisting of mortgage-backed securities issued by government agencies, which have lower risk weights than …