SFA looks to soothe members' corporate market anxieties

Jennifer Kang

March 17, 2020 06:30 PM

February 27, 2020, New York, NY, USA: Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange in New York. Markets plunged for the sixth consecutive day on Thursday, with coronavirus fears shaving over 1,100 points off the Dow, its biggest in history. Markets plunged for the sixth consecutive day on Thursday, with coronavirus fears shaving over 1,100 points off the Dow, its biggest in history. The S&P 500 drop by 10\% from its all-time high at rate faster than it ever has before. (Credit Image: © Bryan Smith/ZUMA Wire) | Bryan Smith/Zuma Press/PA Images

Stress in the commercial paper market was the main point of discussion in a member-wide conference call on Monday held by the Structured Finance Association, as members tried to get a read on market dynamics that are changing on a daily basis.

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Jennifer Kang