The article discusses investor skepticism about shorting financial stocks amid expectations that the Federal Reserve's hawkish stance will eventually lower the 10-year Treasury yield, currently near 5%. Despite weak recovery in M&A and IPOs since 2021, bank fundamentals remain strong, though mortgage and auto loan demand is showing early signs of stress from higher borrowing costs. The author remains cautious, suggesting a more bearish outlook would emerge if rate hikes deepen and yields stay elevated. The broader context includes global interest rate increases, with the ECB recently raising rates as well.
The Financial Select Sector SPDR Fund (XLF) trades at USD 55.88 on Pluang as of Sep 19, 2026 21:32 WIB, showing a minimal 1-day change of +0.01%. The fund's market cap stands at $53.62 billion, with a 52-week price range between $47.80 and $58.55. Pluang investors currently hold XLF for an average of 102 days, with order activity fully skewed to buying at this time.
The Federal Reserve raised interest rates by 25 basis points in September, marking its first hike since 2023, which temporarily stopped the 10-year Treasury yield from climbing further. Persistent inflation and geopolitical tensions, especially invol...
Gasoline prices jumped significantly, with WTI crude nearing $100 a barrel. Interactive Brokers senior economist Jose Torres suggests that oil prices above $120 a barrel pose a serious risk to consumer spending and could trigger a recession, especial...
