Worst Sales Beats Since 2019 Expose Weak US Consumer By Sagarika Jaisinghani and Farah Elbahrawy, Bloomberg Markets Live reporters and analysts Corporate…
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(Bloomberg) Following a strong performance by European banking stocks this year, investors should now bet on declines in the sector as lenders are at risk from a looming peak in bond yields, according to JPMorgan Chase & Co. strategists.Most Read from BloombergIsrael Latest: War Deepens as Concerns Mount Over Gaza CiviliansPutin Calls Meeting to Discuss Anti-Israel Mob in DagestanIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael-Hamas War Escalation Puts Qatar’s Clout to the Tes