Can VanEck Banks ETF (ASX:MVB) Stay on the ETF Stocks Radar?
Highlights Financials formed part of a defensive shelter on a session dominated by a flight to safety, helping the concentrated bank fund fare comparatively well. Materials led the market lower by a wide margin while telecommunications, consumer staples and financials proved far more resilient during the session. Surging bond yields carried a mixed message for lenders, a dynamic that could support margins even as funding costs and family budgets came under pressure. VanEck Australian Banks ET...