DPST is trading 2.25% up today as markets price an approximately 86%–90% probability of a 25-basis-point Federal Reserve hike at the September 15–16 meeting, supporting bank net-interest-income expectations.
- The 10-year Treasury yield has reached roughly 5.02%.
- Elevated oil prices and inflation risks reinforce higher-for-longer rate expectations.
- Financials are outperforming a weaker broader market, though the move remains sensitive to Fed communication.