- bond markets slightly fearful of contagion (other banks)
- Odds of a March cut rose materially roughly 50% vs 25% a day ago
- Fed cuts fix many of regional bank problems
New York Community Bancorp, Inc.
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NYCB
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$10.28
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-11.38%
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$10.59
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$10.68
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$10.04
Wed, January 31, 2024 | 11:24AM ET
NYCB is selling off today the bank announced a large increase in loan loss provisions. Surprising many as the bank only recently said asset quality was good
