Not surprisingly, the US credit crunch has returned.
The bond yield back-up is starting to bite credit as balance sheet pressures promote restructuring over lending.
Loan volumes have clearly been trending down as yields trend up:
Not surprisingly, the US credit crunch has returned.
The bond yield back-up is starting to bite credit as balance sheet pressures promote restructuring over lending.
Loan volumes have clearly been trending down as yields trend up:
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