“There are pockets of stress in riskier credit that seem to be deepening, even with the Fed stepping in & buying higher-rated credit.”
Meanwhile, long-dated Ford bonds also falling to new lows today. I find this interesting because there are pockets of stress in riskier credit that seem to be deepening, even with the Fed stepping in & buying higher-rated credit. pic.twitter.com/gbCXwwPB0T — Lisa Abramowicz (@lisaabramowicz1) March 31, 2020 #liquidityThe banks provide financing facilities called warehouses, which CLO … Read more