The Nasdaq-100’s nine-day win streak was snapped yesterday. A basis trade is a risk despite lower leverage, notes Steven Kelly on treasury volatility. He discusses outlook for bank net interest margins, as well as how the move in treasuries is impacting banks. He also talks about the state of regional banks and what government funding means for the bond market. He mentions that the treasury shift to a shorter-term funding structure brings big benefits. Tune in to find out more about the stock market today.