Banks are sliding as the yield curve nears its flattest level since 2007 (BAC, GS, JPM, C, WFC)

Simon White/Flickr Bank stocks are sliding as heavy buying at the long end of the Treasury curve has the flattened the 2-10-year spread to 78.5 basis points, near its flattest level since the end of 2007. The benchmark 10-year yield is down 9.6 bps to 2.07% and at its lowest levels since the week following President Donald […]