Many stocks remain expensive even though the stock market has lost much of its momentum from earlier this year. Most bank stocks have been hammered in 2023 by the banking crisis that erupted earlier this year. Bank of America (NYSE: BAC) is no exception.
(Bloomberg) -- The Bank of Japan announced an extra bond-buying plan for this week as a global debt selloff forces policymakers into the market to curb sharp increases in yields.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineAging Trees Show a Crisis Looms for the World’s Everything OilSevere Crash Is Coming for US Office Properties, Investors SayThe
Bank of America Corp. - Notification of Filing of Documents