As the yield on bonds rose, bank stocks like JPMorgan Chase and Bank of America increased. Related posts: EUR/USD: Correction Or Trend Change? – Nordea German Industrial Production Likely Rose in February Csi300 Banking Sub-Index down Over 3 Pct After Securities Regulator Comments on Accelerating Ipo Approvals Malaysia’s Central Bank Is Likely to Keep Its Policy Rate on Hold Post navigation All 10 S&P 500 sectors higher in early trade, led by financials May 2016 US Richmond Fed manufacturing index -1 vs 8 exp