It is possible that the unrealized losses relate to last year's $2.1 billion purchase of TXU bonds. These table shown above includes only the insurance subs. There are no doubt bonds carried in the holding company or financial subs. The total of $10,230 is less then the total of the 3 large deals. $6.5 Mars, $5 Goldman, and $3 GE.
The TXU bonds included both regular high yield and pik/senior toggle notes. They elected to toggle Oct 31.
These bonds were private placement, and I don't know if there are market quotes. However, they are likely candidates for a haircut.
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