Bank Stock ETFs Surge as Yields Rise, Economic Outlook Improves
February 04, 2021 at 17:02 PM EST
Financial stocks and sector-related exchange traded funds jumped Thursday as rising bond yields helped strengthen the appeal of bank stocks. Among the better performing non-leveraged ETFs of Thursday, the SPDR S&P Bank ETF (NYSEArca: KBE) increased 3.0%, iShares U.S. Regional Banks ETF (IAT)...
