A rebound in long-dated U.S. Treasury bond yields over the past week triggered a rally in financial and bank stocks, despite uncertainty over exactly who will be presiding over federal spending policy for the next four years.



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Among the seven banking industry groups tracked by IBD, regional segments in the Southeast and Southwest rose…

The post Bond Yields Rise, Bank Stocks Rally As Fed Hustles To Check The Advance appeared first on Investor’s Business Daily.

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