Market volatility continues as stocks and treasuries fluctuate.
TL;DR Summary
US stocks rebounded after reports that big banks were considering a deal to rescue First Republic Bank, easing concerns about the state of troubled regional banks. The market has been volatile this week due to signs of stress in the banking system, but all three major indexes are on track for weekly gains.
- Dow flips higher; First Republic reported to be in rescue talks MarketWatch
- Market Stress Snarls Trading in U.S. Treasurys The Wall Street Journal
- Don’t Get Your Hopes Up: SVB's Demise Won't Bring Interest Rates Down CoinDesk
- 10-year Treasury yield heads for biggest one-day drop since November MarketWatch
- Stocks Fall, Treasurys Rally as Banking Fear Returns The Wall Street Journal
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