Consequently, shares of banking giants like The Goldman Sachs Group Inc. GS, JPMorgan Chase & Co. JPM and Wells Fargo & Co.WFC rallied 2.6%, 1.7% and 3.3%, respectively. Wells Fargo & Company (WFC): Free Stock Analysis Report The yield curve of the U.S. government bonds has stiffened significantly since mid-January in anticipation of stricter measures taken by the Fed to combat soaring inflationary pressure.