The recent surge in coronavirus infections is causing renewed concerns about economic growth and is likely exerting an indirect effect on the bond market, increasing the yield on low-rated/high-yield corporate bonds relative to the guaranteed yield of U.S. Treasury bonds. When the market becomes ... READ MORE >
credit spreads
As businesses contend with coronavirus, liquidity becomes a top concern
The outbreak of the coronavirus provided the exogenous shock to send the longest economic expansion in American history to an end. The robust steps taken recently by the Federal Reserve to shore up the front end of the money markets are essential to the free flow of capital and global economic stability, ... READ MORE >
The coronavirus impact on the financial services sector
The spread of the coronavirus and its accompanying shock to the global economic system has spurred widespread fear within the financial services sector. The disruption has led senior leaders at financial services firms to ask some basic questions, from how do we keep our employees safe, to what does our ... READ MORE >