Yield Curve Becomes an Issue For Regional Bank ETFs
June 04, 2019 at 11:44 AM EDT
The SPDR S&P Regional Banking ETF ( KRE A- ), the largest regional bank exchange traded fund, slumped more than 3% last week and lost nearly 9% in May. The inverted yield curve is likely one reason why regional bank stocks and ETFs like KRE stumbled last month.
