Forward spreads no guide to the future, says Morgan Stanley
In a report entitled ‘Credit derivative insights: leaning against the forwards’, Morgan Stanley analysts ask whether the forward credit spreads implied by today’s steep spreads will turn out to be correct
CLOs
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- Marathon issues first CLO under CVC ownership 1 day ago
- BlackRock's latest Euro CLO prints AAAs at 126bps 1 day ago
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- Crescent gauges interest in multi-asset, private and public credit CLOs 2 days ago