Despite a large increase in private sector paper linked to AI, public issuance of debt does not appear to be crowding out private sector needs. … READ MORE >
corporate debt
Financial conditions ease as downturn in corporate debt issuance lingers
The RSM US Financial Conditions Index has moved to only 0.4 standard deviations below normal but corporate debt issuance remains weighed down by rate hikes and the risk of a recession. … READ MORE >
Private investment and the reintroduction of risk
Regime changes in global trade, growth and liquidity, along with a significant increase in geopolitical tensions, are reintroducing political and economic risk. … READ MORE >
As leveraged loans rise, so do risks for middle market companies
With so much easy capital available, some companies have taken on more than they can chew if the business cycle were to hit the brakes. … READ MORE >