Stress tests for European banks may be overlooking the damage caused to lenders by negative yields
The Deutsche Bank AG credit strategist says negative bond yields — a scourge for lenders and investors alike — appear to have been overlooked. That could be quite an omission since sub-zero yields are a product of the negative interest rates that have been proving so troublesome for Europe's banks.
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European Banks Under Stress: Negative Yields damaging lenders
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