Surveillance: Economic Malaise with Harvey
Bloomberg Surveillance
00:00
The Risk Free Rate and Spreads
The leverage loan default rate is outpacing the high yield bond default rate by the largest magnitude since 1996. That's causing stress for a subset of smaller issuers that don't have the pricing power. The consumers that will be stressed is commercial real estate, either actual or securitized.
Play episode from 19:57
Transcript
