Rates and Banks

By -

Let’s start with the conjecture that bonds, by way of TLT, are going to have a multi-week bounce as interest rates ease back.

slopechart TLT
slopechart TLT
slopechart TLT

If that holds true, I would speculate financial institutions are going to likewise ease back as interest rates beat a retreat.

slopechart ALLY
slopechart BBT
slopechart BK
slopechart SAN