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Banks Jump as Yields Rise, Analysts Start Warming to a Rally

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Banks Jump as Yields Rise, Analysts Start Warming to a Rally(Bloomberg) — Financial stocks are rallying for a second day as 10-year Treasury yields top 3.20%, and analysts say underperforming bank shares may be poised to gain off low expectations into third-quarter earnings season. Financials make up the best performing sector in the S&P 500 today.