Higher interest rates - but not too high - should give a boost to regional banks and to the regional bank ETF (KRE) which has lagged the TBTF-tilted XLF and VFH this year. One analyst says about 100 basis points would be right - high enough to boost spread income without taking too big a chunk out of book value. Since when have Treasury yields been so cooperative?
Higher interest rates - but not too high - should give a boost to regional banks and to the...
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