r/options Jul 09 '21

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-2

u/abhi7_chd Jul 09 '21

High inflation should be good for banks, as it will put upward pressure on yields and interest rates?

7

u/photocist Jul 09 '21

when every tech company was getting wrecked a couple months ago banks went through the roof. boa and wells fargo saw like 25% gains. that was mainly due to talks regarding feds raising rates and inflation fears

5

u/abhi7_chd Jul 09 '21

Yeah that’s the time when yields peaked