Swiss AT1 Bond Carnage, Leisure Sector Risk
The Credit Edge by Bloomberg Intelligence
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The Role of Regional Bank Issues in the Recession
In terms of contagion risk, I think you have a couple of different areas that you could see this as problematic. First is the casinos. If we talk more broadly of a recession, which has been a discussion point since the beginning of this year. You could definitely see the casinos feeling a little bit stretched or a little bit pressured by lack of financing and market liquidity. Separate from that, a sort of niche area that we've been trying to monitor is the relationships that things like hotels have with their counter parties. Those are the companies that might be caught off guard by regional bank issues in some cases.
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