Financial sector equities have sold off in line with the broader market over the past two days. And even if the 10-year US Treasury yields resume their rise as we suspect, that may not give as much of a boost to financials’ relative performance as rising yields have done in the past.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services