- That a flatter yield curve is bad for bank profit margins isn't news, but Fitch reminds lenders need more than Fed rate hikes - for the max benefit, they need a corresponding boost to medium and long-term rates.
- Keep an eye over the yield curve, not the Fed Funds rate, for sustained net interest margin improvement, says Fitch.
- ETFs: KRE, KBE, IAT, KBWB, QABA, KBWR, KRU, KRS, WDRW, DPST