S&P Futures Rally on SVB Backstop, Rate Bets Shift: Markets Wrap

S&P Futures Rally on SVB Backstop, Rate Bets Shift: Markets Wrap

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US stock futures rallied more than 1.5% while the dollar and bond yields tumbled as investors digested regulatory steps to shore up the American financial sector in the wake of Silicon Valley Bank’s failure. • None US Discusses Fund to Backstop Deposits If More Banks Fail • None Signature Closed…

#siliconvalleybanks #noneusdiscussesfund #treasury #janetyellen #federalreserve #goldmansachsgroupinc #newzealand #norway #australian #svbfinancialgroups

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