) early Monday morning, the latest domino to fall in the bank crisis that has seen four banks collapse sine early March.
"Right now you're not seeing any strong signs of those effects happening, but it's something I’m very much watching for," Williams said. "I don't think anything has been put to bed because banks are still impaired by losses on long-term securities," said Tilley. "Those unrealized losses are still there and they will affect banks' decisions about lending, and they have to be very cautious.