Macro Finance
Bank Stocks Sink Further Into Correction as Citigroup Tumbles
Bloomberg Markets·October 1, 2026·1 min read
The benchmark KBW Bank Index shed as much as 2.4% to the lowest intraday since late May in Thursday trading, as investors assessed the impact to the economy and banks' businesses from relentlessly climbing Treasury yields. Citigroup tumbled, dragging bank stocks further into correction.
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