Banks Shares Suffer as U.S. Yields Decline

June 17, 2021 11:53 AM EDT

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Shares of large banks were lower across the board Thursday as U.S. 10-year yields declined sharply to a low near 1.5% from 1.58%.

  • Citigroup (NYSE: C) -3.6%
  • JPMorgan (NYSE: JPM) -2.5%
  • Bank of America (NYSE: BAC)- 3.6%
  • Wells Fargo (NYSE: WFC) -4%
  • Goldman Sachs (NYSE: GS) -2.7%
  • Morgan Stanley (NYSE: MS) -3.6%

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JPMorgan, Goldman Sachs, Citi, Morgan Stanley, Wells Fargo, BofA/Merrill Lynch