TSX:EQBBanks
3 Financial Stocks Tied To Higher Rates And Credit Risk
The Federal Reserve’s decision to hold rates at 3.50% to 3.75%, along with Chairman Kevin Warsh’s focus on incoming data and less forward guidance, has pushed financial markets to reassess what prolonged higher borrowing costs might mean. Treasury yields reacted, major indexes slipped, and attention quickly turned to large, well rated financial stocks that could be sensitive to this shift. This article looks at three stocks from our Financial Sector Stocks screener that appear positively...