Investors with a dim view of regional shopping malls are turning to the mortgage bond market to bet on a bankruptcy by a major retailer.
More From Asset Securitization Report
Wall Street’s AI debt machine is starting to choke on supply
Yields are soaring into the double digits on bonds and loans funding the AI infrastructure buildout. Bankers are finding it more difficult to offload risk to insurers and other investors.
U.S. 30-year Treasury yield approaches highest level since 2002
The latest leg higher came as elevated energy prices added to inflationary pressures and corporate new issues weighed on the market.
Warsh: Rising bond yields a sign of strong U.S. economy
Federal Reserve Chair Kevin Warsh framed the central bank's move to increase interest rates as a moderate adjustment to rapid economic growth during his post-Federal Open Market Committee press conference.
Mortgage lenders need to keep innovating after Fed hike
The market initially showed relief after the initial confirmation of an anticipated inflation-fighting hike but discussion of a future raise renewed concern.
Stocks, bonds rise in countdown to Fed decision: markets wrap
Economists in a recent Bloomberg survey expected policymakers to hold their outlooks for unemployment and inflation largely unchanged.
