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CNBC's "Fast Money"

Breaking Down the Bank Stress Tests and What Falling Yields Really Mean 06/23/22

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.91.3K Ratings

🗓️ 23 June 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

The Fed releasing the results of its latest stress tests. We’re breaking down what it means for the big banks. Plus 10-year treasury yields have fallen sharply in recent days. But is that a good or bad thing for stocks? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

Right now on fast, the great, great breakdown 10-year yields touching the 3% mark dropping

0:06.2

nearly 50 basis points in a matter of days.

0:08.9

What does this massive move mean?

0:10.9

And is this a good thing or a bad thing for stocks?

0:13.2

Plus we're all over the after-ex action shares with FedEx.

0:15.9

The company's conference called just kicking off at the top of the hour.

0:18.3

We are dialed in.

0:19.3

We'll bring you all the details.

0:20.6

And a big C-Change for value stock with the newest additions to the Russell Value Index

0:24.9

say about their growth prospects and the state of the market.

0:28.0

I'm Melissa Lee.

0:29.0

This is fast money life.

0:30.0

I was like, Mark, it's in the heart of time square on the desk tonight.

0:32.6

Dan Nathan, Karen Fighterman, Guy Dommie, and Tim Seymour.

0:35.8

Well, that's his chair.

0:36.8

He'll pop in.

0:38.8

And a minute now.

0:40.8

But we start off with the latest Fed stress test results crossing the tape within the last

0:46.5

hour.

0:47.5

Leslie Pickers got all the details.

0:48.5

Leslie is, in fact, there, I believe, Leslie.

0:51.5

Hey, Melissa, yes, the banking system looks resilient and well-capitalized with all banks

...

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