When can we put a fork in these bank stress tests? Exams on U.S. lenders done by the Fed in...

|By:, SA News Editor

When can we put a fork in these bank stress tests? Exams on U.S. lenders done by the Fed in November are already circular file material as Treasury yields fall well below extreme levels contemplated by central bank bureaucrats. Last week's promise by the Fed to sit on short rates through 2013 hasn't helped - flattening the yield curve and threatening bank profits and capital builds even more.