Treasury yields mixed as investors consider outlook for bank stocks, monetary policy
Investors digested the latest stock market developments, especially regarding bank stocks which have had a tumultuous week in the aftermath of Silicon Valley Bank’s collapse. Fears about contagion across the banking system spread as a result, putting regional U.S. bank stocks under pressure. On Thursday, major financial players said they would support First Republic, which was significantly affect…Read more at cnbc.com: Treasury yields mixed as investors consider outlook for bank stocks, monetary policy