Banks Profiting From Bond Rally

NEW YORK (TheStreet) -- Piper Jaffray President Tom Schnettler says the third-quarter bond rally is the reason banks will have great earnings.

BING NEWS:
  • Traders finger ‘pre-hedging’ in ANZ bond probe
    Fixed income traders say pre-hedging is “a gray area” riddled with inherent conflicts of interest. ASIC has already targeted Westpac over the practice in swap markets.
    05/16/2024 - 2:25 pm | View Link
  • Fed rate hikes sting Japan's regional banks
    Generally speaking, bond prices and yields have an inverse ... Kato Izuru, Chief Economist at Totan Research As profiting in Japan became difficult, regional banks sought higher returns overseas.
    03/22/2023 - 3:45 pm | View Link
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