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Financial stocks get some relief as Treasury yields rise, oil price surge pauses

Mar. 08, 2022 1:36 PM ETBank of America Corporation (BAC), KEY, TFC, WFCC, UBS, BK, STT, PRU, NTRS, AEG, DB, LNC, CS, BCS, SAN, LYG, LSPD, PYPL, SQ, BHF, PSFE, SOFI, UPST, AFRM, LSPD:CABy: Liz Kiesche, SA News Editor1 Comment
  • Financial stocks bounced up in afternoon trading on Tuesday after Treasury yields rose and crude oil, though still high, eased off its peak of $130/barrel level touched on Monday.
  • Higher Treasury yields bode well for bank earnings as they make

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