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As yields rise, some U.S. banks shift cash to Treasuries

As yields rise, some U.S. banks shift cash to Treasuries

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Some big U.S. banks are buying more U.S. government securities as yields start to rise and the Federal Reserve appears ready to taper its bond-buying program – a balance sheet shift that analysts say could boost bank earnings by several percentage points depending on how they play their hands.

...read full article on Reuters

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