Leveraged Loans

Following yesterday's 21 bps slide, US #leveragedloan  asset class - known for its low volatility - sees 44 bps plunge today. That's the largest one-day drop since 2014. YTD: -0.11% #COVID2019 

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Finance

It’s notable that the only official fired for any of this so far is a US Navy captain who tried to protect his crew.

Bank Index relative to SPX. My mother always taught me if you have nothing nice to say, don't say anything.

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During times like these, we have to come together to support each other – even over video chat! I was happy to help Zoey, one of my younger constituents, on her social studies project. I’m glad she’s taking steps to #FlattenTheCurve , and I can’t wait to see her finished project!

Inspector General reports most VA hospitals not able to test for Covid-19 and are under staffed - FOX NEWS Trump really takes care of veterans

Read a lot of reviews of this. It’s on my reading list for the summer. @adam_tooze ’s is my favourite so far.

'There's a shortage of everything': Pharmacies struggle to meet demand as coronavirus surges in NYC

Oil has seen many crises, but none as ferocious as today's. For some producers, there could soon be no place for their oil to go. Read more →

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Economist: ‘Depression-magnitude’ job losses coming by @aarthiswami 

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