Debt 50c on the dollar - good luck finding any

Thank you for visiting my Blog
The chart beneath shows the amount of joint debt that trades at a price beneath 50 cents on the dollar. This is simply how JPMorgan defines "distressed debt". What's impressive is how obligation for fixed income product nearly eliminated this spike in a concern of months. A year past over $200 MM of joint debt traded at discounts of 50% or more. Now there is almost none left.





Part of this life in assign stems from dropping choice rates:




It's a taste of a self-fulfilling prophecy. Demand for fixed income product provides opportunities for refinancing, generating liquidity, extending maturites, and reaction choice rates. Falling choice rates create more welfare in credit/fixed income. Of course this process crapper impact in alter as well.


SoberLook.comwww.SoberLook.com be Sure you bookmark this page. Thanks...
Generated by best funky, gaul abizz.
Powered by Mas BAsy.
Google