S&P 500 Rate-Hike Shock: Why Regional Banks and Housing Stocks Became the Weak Link
June jobs data and Fed projections revived rate-hike odds, knocking the S&P 500 as rising deposit betas and 6.48% mortgages squeezed regional banks and homebuilders.
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June jobs data and Fed projections revived rate-hike odds, knocking the S&P 500 as rising deposit betas and 6.48% mortgages squeezed regional banks and homebuilders.