NDR U.S. 360
The Fed officially commenced a new tightening cycle last week by raising the Fed funds target range 25 basis points to 0.25% - 0.5%. Banks have underperformed despite rising interest rates, creating a rare divergence.
Read our sample report Rates Rise. Will Financials Follow? by Rob Anderson, CFA U.S. Sector Strategist, and Thanh Nguyen, CFA Senior Quantitative Analyst to learn more.