Surveillance: Who Wins in Bond Rally? Think About Battered Banks
A lower 10-year yield may finally herald a bottom for sliding stocks, RBC’s Cassidy says
Citigroup has the lowest price-to-book ratio among major US banks, but RBC’s Gerard Cassidy sees a turnaround in the works.
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Relief rally. Melt-up. “A wall of money — new money,” as Chris Hyzy at Merrill and Bank of America’s Private Bank put it.