Flagstar Bank, National Association FLG

Banks use their capital and expertise to help businesses grow while offering consumers essential financial products like mortgages and credit cards. But worries about an economic slowdown and potential credit deterioration have kept sentiment in check, and over the past six months, the banking industry’s 8.2% return has trailed the S&P 500 by 10.2 percentage points.

Markets just watched the 10-year Treasury touch about 5.12%, Fed hike odds jump, and inflation nerves flare as oil hovers near US$100. That combination tightens financial conditions and can reshuffle winners and losers across big US financial stocks in a hurry. If you care about where your money sits when rates bite, this article walks through three large-cap financials exposed to these headlines and why that matters for your portfolio. The stocks below are only a small sample of large US...