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BNKZ - Banks: A Respite From Rising Rates
May, 18 2021 03:20 AM
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - BNKZ
While interest rates have stabilized in recent weeks, investors were unnerved when yields spiked 75 bps in barely 10 weeks. The potential for another surge in interest rates probably leads the list of investor anxieties. Different sectors respond very differently to rising rates. Financials tend to benefit as rising rates typically accompany faster growth. For further details see:
Banks: A Respite From Rising Rates
Stock Information
Company Name:
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - BNKZ
Stock Symbol:
BNKZ
Market:
NYSE
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