Bank of America Moves After Fed Hikes
How Bank Of America & Yields Have Moved After Fed Hikes
Typically, as yields rise, so too do bank stocks. It may seem surprising (at least it was to me) that the 10-year yield has fallen in the days following the last three Fed hikes. As a result, bank stocks like Bank of America have corrected in lock step. If you recall, the value of the […]