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Financial stocks set for broad selloff as Treasury yields keep falling

Financial stocks set for broad selloff as Treasury yields keep falling

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The financial sector is bracing for a broad selloff Thursday, amid weakness in the broader market and continued declines in Treasury yields. The SPDR Financial Select Sector ETF slumped 1.8% in premarket trading, enough to pace the declines in all of the SPDR ETFs tracking the S&P 500’s 11 sectors.

...read full article on Market Watch

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