The yield on 10-year Treasury bonds climbed to 2% on Monday for the first time since April 25. The increase will eventually bode well for banks’ profitability, as yields on other long-term assets rise, The Street reported.
‘No pain, no gain’ for banks
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Ginnie Mae denies majority of complaint in Texas Capital Bank lawsuit
Ginnie Mae admits only to core facts of the case, denying all allegations, “inferences, arguments, and legal conclusions” in the complaint.
