Banking sector

Awaiting the hike

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It’s been a long, profitable ride, but all indications point toward fundamental changes in the credit market’s near future: interest rates are on their way up, and many expect the Federal Open Market Committee to readjust its target federal funds rate higher as early as June. Such a course of action has had investors and analysts speculating on which sectors are going to bear the brunt of the new economic and monetary paradigm.

Yields on Treasury securities have already begun their march

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