Banks are jumping on higher rates and Citi says these three may be the best of the bunch

Brian Moynihan, CEO, Bank of America
Scott Mlyn | CNBC

Bond yields are surging and so are banks on Thursday. Citi said a trio of financial stocks could be the best positioned to take advantage of the higher rate environment.

More In Investing trends

CNBC ProJPMorgan picks stocks to play a part of China that's flown under the radar
CNBC ProThis clean energy play's business model may just be recession proof
CNBC ProA recession will test the buy now, pay later model. What it will take for these fintechs to survive