Here’s Why JPMorgan Chase, Bank of America, and Citigroup Are Plunging on Monday

 

Here’s Why JPMorgan Chase, Bank of America, and Citigroup Are Plunging on Monday

There are a few big reasons why bank stocks are being hit so hard. First and foremost are interest rates. Treasury yields plunged to record lows in the midst of Monday’s plunge, and banks make the …

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