- Treasury yields are rising
- Deposit costs are going up
- Dealmaking is slowing at the six largest lenders
US bank stocks are facing a critical earnings test. Investors want to know whether rising Treasury yields could wipe out profit growth at the six largest lenders.
Three pressures are in focus: higher deposit costs, slower dealmaking and the rise in yields. Each could eat into the banks’ earnings.
The results will show how well the biggest US lenders are handling these pressures.
