JPM research forecasts a fundamental shift in senior risk
Research by JP Morgan, published last week, said that the widespread implementation of a statutory solution to Total Loss Absorbing Capacity (TLAC) requirements would lead to further underperformance in senior spreads, and a fundamental reassessment of the asset class’s risk profile.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts