phase. During this stage, higher inflation causes economic growth to slow amid restrictive monetary policy, resulting in tightening credit availability and deteriorating corporate profits. Credit spreads widen amid worsening economic and corporate conditions
(Reuters) - The U.S. Federal Reserve may allow big banks to use some municipal bonds to meet new liquidity rules that ensure they have enough cash during a credit crunch , the Wall Street Journal reported, citing people familiar with the matter.
April 16 (Reuters) - The U.S. Federal Reserve may allow big banks to use some municipal bonds to meet new liquidity rules that ensure they have enough cash during a credit crunch , the Wall Street...
indexed to the prime rate, which you can readily find in The Wall Street Journal . After the 2008 meltdown and a terrible credit crunch , the fed funds rate went to near zero and still is within a target rate of 0-0.25%, currently 0.25% (one-quarter
followed by a sovereign debt crisis that engulfed the peripheral countries, the region’s economy has gone through a credit crunch , especially at the small and medium enterprises level. Recently, anticipation of the ECB’s QE program brought down sovereign
last month and is now only up 1.78%, year to date. However, part of the increase in underlying yields was offset by tightening credit spreads. The average spread of the Morningstar Corporate Bond Index, our proxy for investment-grade bonds, tightened
parity to the dollar by 2017, a level not seen since 2002 when the euro debuted. What’s behind these moves? The global credit crunch , which induced recession and the 2008 market crash, introduced a new term to investors – quantitative easing (QE
resistance and it will not likely be smooth sailing. The market has moved up partly because India is slowly emerging from a credit squeeze but also because of sentiment. Momentum has been based on hope for reform, rather than on reality. As we enter the new year
compared to normalized metrics on inflation expectations in the shape of the yield curve. Thus, we will probably see the tightening credit spreads offset by the rising interest rates, and so therefore, we expect that the investors in high-yield as well as
Sarah Bush says that no fund managers think a 2008-style credit crunch is in the offing. But, she notes, it's a good time to ..... been stellar since. While it struggled a bit during the credit crunch in 2011's third quarter, Jacobson says it didn't perform