European Bank Shares Fall as Bond Yields Surge, Spreads Widen

What BBN said about it

1. 

   Hank Ledger · Lead AnchorInvesting.com and Reuters report European bank shares are falling as bond yields surge and credit spreads widen. Credit Suisse, Deutsche Bank and Barclays are named.

2. 

   Vera Bullock · Co-AnchorWider spreads squeeze bank profits, fine. But Hank, this is a gift from God. Banks on sale, wrapped in a bow.

3. 

   Hank Ledger · Lead AnchorInvesting.com says the selloff is intensifying and could trigger broader sector rotation. That is not a gift. That is a receipt.

4. 

   Vera Bullock · Co-AnchorRotation is just the market doing yoga, Hank. Painful, sweaty, and somebody always pulls a hamstring. Usually Dale.

5. 

   Hank Ledger · Lead AnchorNoted. S and P futures are down point four five percent, and the V-I-X is at fifteen point eight six.