Higher-for-Longer Rates Are Hammering Bank Stocks

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Heard on the Street: The Federal Reserve’s signal of a slower but still steep climb for interest rates isn’t much help to banks sitting on big piles of bonds

. The KBW Nasdaq Bank index fell 5.5% this past week, compared with a 3.3% decline for the S&P 500 index.

Investors might be wondering if markets aren’t appreciating the potential for banks’ earnings when rates are higher. But the way things are set up now, banks may have more to fear than cheer when it comes to rising rates.

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implies that bondholders are simultaneously tolerant of potential interest rate risk

Nazi media working for the Democrats and the FBI!

If only those banks hadn’t been so f’ing shortsighted….

Passing the AmericanTransportationAct gets us out of debt it gives our America a brand new clean slate and the Federal Reserve the UN the IRS tyranny and the CDC the boot they all deserve. lowerprices

We have experienced this condition previous.

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