The sector is now better capitalised than before the crisis. Danmarks Nationalbank's most recent stress test shows that all SIFIs are able to meet the minimum capital requirements in a severe recession. There is a sentiment of optimism in the financial sector, both in Denmark and abroad.
Both led to a rise in the long-term interest rates in the United States in the past twelve months. And even in the euro area capital market rates went up – but less than in the US. One reason is that financial markets already expected that the ECB Governing Council will prolong its ultraloose monetary policy.