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Libor Jump Means More Pain for Financials

2.7% to 2.9% is not that dramatic. Just a few months ago Libor was above 4%. I think banks can easily handle this rate. Homebuilders were really struggling when Libor was a lot higher, but this rate is near inflation. I don't see where the panic is. Plus, why would you single out big bank financials and not something more specific like mortgage companies?