DPST is trading 2.5% up today as regional banks outperform the broader market amid shifting interest rate expectations.
- Bank of America's call for three Fed rate hikes in late 2026 is reinforcing the higher-for-longer narrative, lifting sentiment across the financial sector.
- Regional banks are benefiting from the prospect of sustained interest rates, which supports profitability outlooks even as the broader tech sector faces a sell-off.
- The leveraged nature of the DPST ETF is driving outsized gains as financials show relative strength against a weak broader market.