Debt 50c on the dollar - good luck finding any

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





Part of this exuberance in credit stems from dropping choice rates:




It's a bit of a self-fulfilling prophecy. Demand for immobile income product provides opportunities for refinancing, generating liquidity, extending maturites, and reducing choice rates. Falling choice rates generate more welfare in credit/fixed income. Of instruction this impact can impact in reverse as well.


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