OCBC down 10% in two days after Citi sell call with DBS and UOB sliding is classic capitulation, not fundamentals. US 10Y touching 5.35% is peak yields, banks actually earn more NIM here. This washout on 10-share lot launch week is a gift entry for 6% yield.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.