Bank ETFs Show Some Fortitude
This article was originally published on ETFTrends.com.
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 [...]