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Investors would be wise to protect themselves against tail risks
Government ought to clarify or scrap it
The government has had no problem raising money in capital markets since October 2023
White House mis-steps have raised hopes the euro can supplant the dollar
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Sector has limited growth prospects, similar to insurance ABS
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Market could finally emerge from the shadows of 2008
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The end of emergency purchases could help unravel years of market-warping bond buying
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Even when firing financial weapons, it pays to be prepared
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Letting everyone believe what they want to makes the often elusive greenium an effective concept
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US president Joe Biden's $1.2tr infrastructure bill can be the catalyst for a new product that will shake up the CLO market