TALF revisions to clear warehouses but lack of broader CLO support disappoints
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TALF revisions to clear warehouses but lack of broader CLO support disappoints

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The Federal Reserve this week revised its Term Asset Backed Securities Loan Facility (TALF) to include a broader pool of leveraged loans eligible as collateral, a move that will clear the backup in warehouses but likely will not do much to reinvigorate the market.

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