Mortgage Debt Outstanding Surpasses 2008 Peak And The Quality Of The Corporate Debt Market Has Deteriorated Substantially

Mortgage Debt Outstanding Surpasses 2008 Peak   The quality of the corporate debt market has deteriorated substantially since the financial crisis Before Campbell Soup sold $5bn of debt this month to fund its purchase of US snack-food maker Snyder’s-Lance, its … Read more

Credit Suisse inverse vix ETN XIV was worth over 1.5billion on Monday, next day nearly worthless. CS owned about 32% of outstanding shares of XIV….

XIV is an ETN offered by Credit Suisse to bet against volatility. The way XIV works is complicated, but it is very sensitive to front month VIX being much higher than the next month out. At market close XIV was … Read more