BNP-Paribas: goes back beyond 54E


(CercleFinance.com) – BNP-Paribas, boosted by the rise in rates (the yield of the ’10-year’ OAT soars from 0.82 to 0.90% on Monday, then to 0.98% on Tuesday) rises above 54E (ex-low of 30/11) and approaches 54.35E (ex-zenith of 16/03).
The rise in banking stocks is so robust that it leads to that of the CAC40, while overall, the FED promises to tighten its monetary policy more quickly than expected.

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