US Bank Earnings Under Scrutiny Amid Rising Treasury Yields
Investors will closely watch third-quarter earnings from major US banks next week to assess the impact of rising Treasury yields on funding costs, loan growth, and dealmaking. The six largest US lenders are expected to report up to 20% earnings growth, driven by investment banking and trading revenue. However, bank stocks have declined due to concerns over higher interest rates. JPMorgan Chase, Goldman Sachs, Citigroup, Wells Fargo, Morgan Stanley, and Bank of America will report results on October 13-14.
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