Financials Down, but Not by Much, as Treasury Yields Rise -- Financials Roundup
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(marketscreener.com) Shares of banks and other financial institutions fell, but not by as much as the broad market, as the recent spike in interest rates was viewed as a mixed blessing for the sector. Typically, banks benefit from higher benchmark Treasury yields, but the pace of the gains this time around has generated concerns about slowing loan volumes. ...

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