It Could Be Time to Bank on Bank ETFs
June 09, 2020 at 13:54 PM EDT
Previously plagued low interest rates and concerns about consumer defaults, the SPDR S&P Bank ETF (NYSEArca: KBE) and the broader Financial Select Sector SPDR (NYSEArca: XLF) are among the financial services ETFs that are bouncing back in significant fashion. Banks are typically more sensitive...