Are higher bond yields good for banks? Think again - The Business Times
Direct Source Verification:
This story is aggregated from The Business Times (businesstimes.com.sg). Full reporting rights and copyright belong to the primary publisher.
“NET, net, it’s a positive for us.”
“NET, net, it’s a positive for us.”
That’s how one global bank chief financial officer described the impact of higher interest rates on the bank’s earnings.
The same CFO and many others would also quantify how sensitive the bank’s income is to a shift in interest rates or the yield curve, to estimate the potential uplift in earnings.
Original Source
https://www.businesstimes.com.sg/wealth/wealth-investing/are-higher-bond-yields-good-banks-think-again