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Bank stocks dip even after Q1 earnings beat as bond yields drop

Apr. 15, 2021 1:27 PM ETCitigroup Inc. (C), BAC, USB, TFC, MS, PNC, STT, BK, CFG, ALLY, KEY, RF, FITB, HBAN, MTBBAC, C, FITB, MS, USB, BK, MTB, RF, KEY, STT, PNC, HBAN, TFC, ALLY, CFG, BKXBy: Liz Kiesche, SA News Editor41 Comments
  • The rally in bank stocks yesterday sparked by the first mega-banks posting better-than-expected Q1 earnings didn't last long.
  • With the 10-year Treasury yield sinking 8 basis points to 1.55%, the KBW Nasdaq Bank Index drops 1.6% in midday trading in

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