Bank Of America: Here’s What’s Driving Earnings And The Stock
Bank stocks like Bank of America have risen and fallen on the back of Treasury yields. However, this isn’t the first time Bank of America has surged as a result of the 10-year yield. Today’s market is eerily similar to that of 2012 to 2013. By analyzing the past and the present, we can see that it’s not enough for yields to simply rise, but instead, net interest income must rise as well. For the full article, please click on the image below.
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