Business Maverick: S&P Gains Top 2% as Banks Rebound; Treasuries Fall: Markets Wrap

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Business Maverick: S&P Gains Top 2% as Banks Rebound; Treasuries Fall: Markets Wrap
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US stock soared as traders wager the worst of the banking sector turmoil has passed, while Treasury yields climbed after the latest inflation reading cemented bets for a Federal Reserve rate hike next week.

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