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New securitization rules might work but they are an ugly solution
The EC’s regulatory proposals for securitization are broadly positive, but some reforms are questionable
Ignoring terrible news is the only way to act in this market
Enjoy the roaring markets while you can, they won't last long
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Big books, skimpy concessions and large deal sizes will soon face the reality of a shaky global economy
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An open-ended programme could bring the EU closer to being eurozone's benchmark
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Squeezed into windows this year, corporates will be squeezed into maturities next
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Without ultralow rates, more EM companies will shy away from international bonds
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Governors and governed need to treat each other better
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Smaller banks shouldn’t be afraid of extending AT1s past the first call date if the refinancing costs don’t make sense