Jim Cramer: Banks Could be Hit by Falling Yields Due To Coronavirus
January 29, 2020 at 12:17 PM EST
Safe haven bond buying in Treasury notes has been bringing bond prices up, but conversely, yields down and that doesn’t bode well for bank profits, according to CNBC’s “Mad Money” host Jim Cramer. The coronavirus outbreak put a speed bump in front of U.S. markets, which have been on a run to start...