Bank ETFs Show Some Fortitude

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Exchange traded funds focusing on bank stocks, including the bellwether SPDR S&P Bank ETF (NYSEArca: KBE), have endured eventful several weeks. KBE and rival bank ETFs tumbled in mind-March, but over the past week, the KBE is higher by more than 6% as the previously inverted yield curve returned to normal form. “Banks came under [...]

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