Re:'Fear Factor' Is Running High as Currency Markets Resume ...
by caleb-allen on Sunday March 01, 2020 @05:33PM
(#22459860)
Yikes. I've been worried that junk corporate debt would be what triggers the next recession, with the financial "innovation" of the Collateralized Loan Obligation where the mortgage based CDOs previously were
"At the same time, the lowest rated part of the investment-grade market has grown particularly quickly. Globally, BBB debt makes up over 50% of the market versus only 17% in 2001." - https://www.blackrock.com/institutions/en-us/insights/invest...