While stocks and index ETFs are rebounding across the board on Tuesday, the banking sector has made notable gains, even as stocks slid on Monday. While spiking Treasury yields sent the Nasdaq Composite tumbling over the past month, the banking sector has continued to outperform. The SPDR Regional Bank ETF (KRE) finished at a record high on Monday, adding roughly 2.6% to begin the week, as climbing rates and faster economic growth are seen as benefitting smaller financial institutions levered to the domestic economy. KRE is up 27% over the last couple of years, with the last few weeks of market action witnessing investors increasing bets on regional banks and moving out of riskier risky assets and technology stocks. “Bank stocks are on a tear this year, boosted by reopening optimism as the vaccine rolls out across the U.S.,” reports Felice Maranz for Bloomberg. “ Investors are betting that more lending, more deals and more consumer spending are yet to come.