
🚨 Global banks are under pressure as bond yields continuously rising 🇺🇸 Goldman Sachs: -22% Bank of America: -17% JPMorgan: -9% 🇪🇺 European bank stocks fell 3.5% on Oct. 7. 🇸🇬 Singapore banks dropped up to 9% this week. The FDIC reported $326.7B in unrealized bond losses at US banks in Q2 With 10-year Treasury yields above 5.2%, investors fear a repeat of the 2023 Silicon Valley Bank crisis