Bank Stocks Sink Further Into Correction as Citigroup Tumbles

Bank Stocks Sink Further Into Correction as Citigroup Tumbles

The benchmark KBW Bank Index shed as much as 2.4% to the lowest intraday since late May in Thursday trading, as investors assessed the impact to the economy and banks’ businesses from relentlessly climbing Treasury yields.

The benchmark KBW Bank Index shed as much as 2.4% to the lowest intraday since late May in Thursday trading, as investors assessed the impact to the economy and banks’ businesses from relentlessly climbing Treasury yields.
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Bloomberg — Markets (EN)




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