Yield Curve Becomes an Issue For Regional Bank ETFs

This article was originally published on ETFTrends.com.

The SPDR S&P Regional Banking ETF (NYSEArca: KRE), the largest regional bank exchange traded fund, slumped more than 3% last week and lost nearly 9% in May. The inverted yield curve is likely one reason why regional bank stocks and ETFs like KRE stumbled last month. Rising interest rates historically benefit regional banks. Higher interest [...]

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