DPST is trading 2.6% up today as U.S. financials and rate-sensitive stocks extend a risk-on move amid stabilizing Treasury yields.
- Regional banks are benefiting from calm Treasury yields near 4.70% and improved macro sentiment following the U.S.βJapan yen intervention.
- Reduced fears of global bond market stress and a stable funding backdrop are providing tailwinds for the financials sector.
- The broader equity rally is driving leveraged gains for the Direxion Daily Regional Banks Bull 3X Shares.