Expect[ed] Loss

Larger-than-life market-perceptions of systemic risk have blown sovereign debt wider and their credit default swap (CDS) levels to epic prop...

We are brought up with the mantra that, while substantially limiting the upside, diversification saves us on the downside. Being by nature (...

Link to the Asset-Backed Article (came out last Friday)

Aside from the well-publicized widening and volatility in both the issuer-based and asset-backed commercial paper markets -- which until rec...

From Bloomberg News: Volvo Cuts Truck Market Outlook After Demand Slumps Kind of a random post for this blog but these numbers are just ins...

Blackstone president and COO Tony James wrote a piece for the Financial Times this morning touting covenant light loans as a "positive ...

Here's a story from Professional Pensions we thought we'd relay without commenting on. We'll leave any judgments up to our read...

As an update to yesterday's piece, just to be fair to all parties involved, JPMorgan today stated they're newly bearish on AAA CLOs....

There's been a fair bit of structured finance research this month discussing, and mostly touting, the merits of investing in AAA CLO pap...

The International Organization of Securities Commissions (IOSCO) put out this Consultation Report this morning -- with a request for commen...