Treasury Yields Hit 19-Year High; Financial Stocks to Watch
The Treasury yields have reached a 19-year high, causing investors to turn their attention to bond ETFs that offer monthly income. Among the financial stocks to watch today are Bank of America (BAC), JPMorgan Chase & Co. (JPM), Robinhood Markets (HOOD), Citigroup (C), Berkshire Hathaway (BRK.B), Morgan Stanley (MS), and Visa (V).
Bank of America provides banking and financial services to individual consumers, small businesses, institutional investors, large corporations, and governments worldwide. JPMorgan Chase & Co. offers financial and investment banking services through its various segments.
Robinhood Markets operates a financial services platform in the US, allowing users to invest in stocks, ETFs, American depository receipts, options, gold, and cryptocurrencies. Citigroup provides diverse financial services to consumers, corporations, governments, and institutions worldwide.
Berkshire Hathaway engages in insurance, freight rail transportation, and utility businesses globally. Morgan Stanley offers various financial products and services to corporations, governments, financial institutions, and individuals in several regions. Visa operates as a payment technology company that enables authorization, clearing, and settlement of payment transactions.