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2 Reasons Why This Bank Is Your Best Defense Against Rising Rates

·4-min read
2 Reasons Why This Bank Is Your Best Defense Against Rising Rates
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One industry that has historically performed well when the Federal Reserve raises interest rates is banks -- but some perform better than others. Here's why SVB Financial Group (NASDAQ: SIVB) is one of the best banks for your dollars in today's environment. Every bank can increase profits when the Federal Reserve raises the Fed Funds rate by raising interest rates for borrowers faster and higher than the interest the bank pays out to depositors.

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