TSP Talk Blog

Bond yields spiked higher as inflation concerns were back, but the recently beaten down bank stocks actually benefit from higher yields so the financials rallied lifting the market, and particularly the regional banks in the small cap indices. The Dow gained 101-points and as you can see in these charts below, all of those gains came in the final hour of trading as once again we see late buying from the bulls. The F-fund was down because of those higher yields, and the dollar rallied sharply making ...