More retail woes for CMBS, but no crisis in sight yet
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More retail woes for CMBS, but no crisis in sight yet

John Lewis 230x150 department store

US CMBS delinquency rates are at historic low levels despite retail bankruptcies and department store closures this year, casting doubt on the hedge funds which made big bets on ‘a Big Short’ style trade on the CMBX indices.

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