JPMorgan Chase (NYSE:JPM) Stock Falls 3.42% to $340.51 on September 23: Treasury Yields Override a $20 Billion Qatar Deal
The 10-year Treasury hit 5% for the first time since 2007, and JPMorgan's $20 billion Qatar sovereign deal could not stop the rate-driven bank sector selloff.
JPMorgan Chase (NYSE:JPM) shares fell 3.42% on September 23 as 10-year Treasury yields climbed past 5% for the first time since 2007. [Image Source: NBC News]
Amanda Graham is a journalist at The Eastern Herald covering economic and business developments, current affairs and major developments across the world of sports.