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Market Impact: 0.46
Bank Stocks Sink Further Into Correction as Citigroup Tumbles
Source: Bloomberg
Banking & LiquidityInterest Rates & YieldsMarket Technicals & FlowsInvestor Sentiment & Positioning
The KBW Bank Index fell as much as 2.4% on Thursday to its lowest intraday level since late May. Investors were assessing the economic and bank-business implications of persistently rising Treasury yields, pressuring the banking sector.
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Overall Sentiment
moderately negative
Sentiment Score
-0.42
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