if that were the case why are banks still closer to their 52 week low than high? | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

tempsy on Aug 24, 2020 | parent | context | favorite | on: Asana S-1

if that were the case why are banks still closer to their 52 week low than high?

ummonk on Aug 25, 2020 | [–]

Banks generally benefit from steeper yield curves. The yield curve is still quite flat and will likely stay that way due to the Fed buying-back long term treasuries.

core-questions on Aug 24, 2020 | [–]

"If only you knew how bad things really are"

Consider applying for YC's Fall 2026 batch! Applications are open till July 27.
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact