Big banks start earnings Tuesday, offering first look at economy under higher yields

MarketWatch says major banks will open earnings season Tuesday, giving an early read on the economy as Treasury yields remain elevated. Official data show the 10-year yield near 5.3% in early October and the 2-year near 4.8%.

• MarketWatch: Big banks start earnings season Tuesday.
• Reports seen as a first read on the economy amid higher yields.
• 10-year Treasury yield was 5.28% on Oct. 7, per official data.
• 2-year Treasury yield was 4.77% on Oct. 7, per official data.