corporate debt

Fed Offers More Support for Loans, Corporate Debt
Risk & Compliance

Fed Offers More Support for Loans, Corporate Debt

The Fed's latest moves in response to the coronavirus crisis take it "well beyond the lender-of-last-resort functions it played" during the Great Recession.
By Matthew Heller | April 9, 2020
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The Restructuring Remedy
Risk

The Restructuring Remedy

As painful as this reckoning is likely to be, substantial restructurings must occur across several industries on accelerated timelines.
By Vincent Ryan | April 9, 2020
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Moody’s Cuts Corporate Debt Outlook to Negative
Credit & Capital

Moody’s Cuts Corporate Debt Outlook to Negative

The Fed's unusual intervention in the market will help but "is unlikely to prevent distress at businesses with less certain long-term viability."
By Matthew Heller | March 31, 2020
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Fed Expands Asset Purchases to Boost Markets
Risk & Compliance

Fed Expands Asset Purchases to Boost Markets

“We are now in QE infinity, again,” a CIO says after the Fed announced unlimited asset purchases in response to the coronavirus crisis.
By Matthew Heller | March 23, 2020
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Banks’ Stress Tests to Focus on Leveraged Lending
Regulation

Banks’ Stress Tests to Focus on Leveraged Lending

The 2020 tests will give the Fed "increased information on how leveraged loans and collateralized loan obligations may respond to a recession."
By Matthew Heller | February 7, 2020
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IMF Warns of $19 Trillion Corporate Debt Risk
Credit & Capital

IMF Warns of $19 Trillion Corporate Debt Risk

Accommodative monetary stimulus has encouraged financial risk-taking, leading to “worrisome” levels of debt with poor credit quality, the Fund says.
By Matthew Heller | October 16, 2019
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What Happens When the Bid Goes to Zero?
Credit & Capital

What Happens When the Bid Goes to Zero?

If the Fed is going to conduct monetary policy by manipulating asset prices, it should expect to see periods of extreme market volatility.
By Christopher Whalen | December 13, 2018
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Rising Interest Rates Could Crush Some Small Caps
Risk

Rising Interest Rates Could Crush Some Small Caps

Nonfinancial corporate debt is at a record high, and for some companies the leverage is unsustainable, says an IIF paper.
By Vincent Ryan | August 31, 2017
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IMF Warns of China Corporate Debt Dangers
The Economy

IMF Warns of China Corporate Debt Dangers

With corporate debt running at 145% of China's GDP, a top Fund official urges Beijing to tackle the "key fault line" in the economy soon.
By Katie Kuehner-Hebert | June 13, 2016
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Debt Downgrades at Highest Level Since 2009
Risk

Debt Downgrades at Highest Level Since 2009

The rating agency said it downgraded 892 corporate issuers (accounting for about $6.9 trillion in rated debt) in 2015.
By Matthew Heller | January 22, 2016
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