Yields Are Soaring. What Does That Mean for the Bank Stock Trade?
The market has seen the yield on the benchmark 10-year Treasury climb from 2.36% on April 1 to 2.71% as of April 8.
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The market has seen the yield on the benchmark 10-year Treasury climb from 2.36% on April 1 to 2.71% as of April 8.
TORONTO, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”), one of Canada’s leading alternative investment managers, today announced...
Share: What do you think of when you hear the words “Silicon Valley”? If your mind conjures up images of mammoth tech organizations like Google, Netflix, and Facebook, small scrappy startups with lots of venture funding, and a hit HBO show, you’re probably among the majority of folks. However, software and startups are not the original cast of characters, and with these players often taking most of the headlines, it can be easy to forget about the hardware revolution that took place and the semiconductor manufacturers that gave the region its name. It seems that in the last 5 years, a l...
Renewed Interest in Regionals Moving down the market cap ladder, the action in the regional banks has dwarfed that of its national counterparts. Just like the big banks, most regional banks have reported earnings beats for Q4, including First Republic Bank, PNC Financial, and Citizens Financial Group. But while the fundamental story between the two groups is similar, the trading action is not. The Direxion Daily Regional Banks Bull 3X Shares (DPST) is up 128% over the last three months, and year-to-date has taken in over $28 million in inflows. Data Source: Bloomberg. Past performance do...