Direxion Daily Regional Banks Bull 3X Shares is trading 4.6% up today as regional banks rebound following the Federal Reserve’s decision to maintain the federal funds rate at 3.50%–3.75%.

  • New Fed Chair Kevin Warsh signaled a more hawkish stance and removed the prior easing bias, leading to a rise in long-term Treasury yields.
  • The policy shift is expected to support bank net interest margins, lifting the regional banking sector and financials broadly.
  • As a 3x leveraged instrument, DPST is amplifying the sector's recovery following the initial post-announcement volatility.