Comment on Why Bank of America Shares Jumped 5% on Monday

Why Bank of America Shares Jumped 5% on Monday

Shares of Bank of America (NYSE: BAC) are leading U.S. bank stocks higher, rising by as much as 5% on Monday as yields on U.S. Treasuries push higher.The yield on the 10-Year U.S. Treasury is rising for the fourth straight day in a row, jumping to 2.28% on Monday from a relative low of 2.18% on April 18, 2017.

 

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