some big downgrades could hit the market for investment grade us corporate debt interestingly sampp seems much
@AaronCuttingham Some big downgrades could hit the market for investment-grade U.S. corporate debt. Interestingly S&P seems much more pessimistic on its single-A category than Moody's and Fitch right now.
any one notice that sampp now has more than 300bn of index eligible a rated debt on negative outlook for possi
Any one notice that S&P now has more than $300bn of index-eligible A-rated debt on negative outlook for possible downgrade to BBB? That includes 7 of the 10 biggest non-fin issuers in the investment grade space.
interestingly mutual fund liquidity profiles worsened after gross pimco and third avenue but not in the third
Interestingly, mutual fund liquidity profiles worsened after Gross/Pimco and Third Avenue. But *not* in the third stress event studied - Lehman Brothers’ bankruptcy and its impact on about 30 funds run by Neuberger Berman.
very timely fed working paper on liquidity risk in open ended mutual finds researchers look at funds reactions
Very timely Fed working paper on liquidity risk in open-ended mutual finds. Researchers look at funds' reactions to deteriorating economic data and also big risk events like Bill Gross's departure from Pimco and Third Avenue.