Bank ETFs Break Out on Rising Treasury Yields
September 09, 2019 at 16:17 PM EDT
Bank sector-related ETFs found strength Monday as government bonds pulled back and yields climbed on easing investor fears surrounding a U.S.-China trade war that has shown signs of de-escalation. On Monday, the Invesco KBW Bank ETF (NASDAQ: KBWB) increased 1.54%, SPDR S&P Bank ETF (NYSEArca:...