Discover and read the best of Twitter Threads about #CLOs
Most recents (3)
The S&P June '#Credit Conditions #NorthAmerica' report is an interesting exploration of current economic and financing trends: spglobal.com/_assets/docume… #GlobalTrends #Macro #US #Canada...Some takeaways...(1/3) 
2/3 Shape of #Recovery by sector, Corporate earning vs GDP forecast & Fed driven financing conditions leads to surge in corporate bond issuance...#Macro #US #Risks #CorpCredit
3/3 Overview of corporate downgrade trends by sector & overview of structured finance trends in #NorthAmerica...#GlobalTrends #Macro #CorpCredit #CLOs #Risks
The Fed Board of Govs 'Financial Stability Report' from May holds some interesting perspectives: federalreserve.gov/publications/f… Some takeaways...(1/5)...The assets - where will these valuations be at in 2021? Which ones wld u want to hold? #Macro #US
2/5 The liabilities...Outstanding #US Non-financial corp & household #credit...#CorpCredit at record highs % to GDP..High yield/Lev. Lending looking challenged b4 Fed stepped in...#Macro #Risks
3/5 #US #CorpCredit & #LeveragedLoans quality deteriorated...Banks exposure to corporate borrowers via credit lines was at $3.6trln at the end of 2019, drawdowns increased as corporates hit turbulence in Q1...#Macro #Risks
The Fed 'Dodd-Frank Act #StressTest 2020' results provide some bland but interesting perspectives on what a "severely adverse" scenario would look like & how it would affect key financial institutions: federalreserve.gov/publications/f… #GlobalTrends #Macro #Risks Some takeaways...(1/3)
2/3 What a 2020 "Severely Adverse" scenario would look like according to the June #StressTests...#Macro #Investing #Risks #CorporateCredit #LeveragedLending #CLOs #Credit #Banks #ETFs
3/3 What a "severely adverse" scenario would do to the key financial institutions according to the Fed's June #StressTests...#Macro #Investing #Risks #Banks #Credit
