Thursday, October 14, 2021

Trending FOX BUSINESS News: As yields rise, some US banks shift cash to Treasuries


As yields rise, some US banks shift cash to Treasuries


Some big U.S. banks are buying more U.S. government securities as yields start to rise and the Federal Reserve appears ready to taper its bond-buying program - a balance sheet shift that analysts say could boost bank earnings by several percentage points depending on how they play their hands.

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