Morgan Stanley recommends long MCDX-short CDX "expected loss" trade
Morgan Stanley researchers point out that current index prices imply an 18.1% default rate in munis compared to an 11.9% default rate in corporates
Funds
- Debtwire FY23 US Direct Lender Rankings 3 days ago
- AXA wins USD 400m for SRT strategy from US pension fund 3 days ago
- Blue Owl brings sovereign wealth fund deputy CIO onboard 3 days ago
- Australian private credit fund-of-funds launched for retail investors 4 days ago
- New Mexico pension system approves USD 150m top-up to distressed debt fund 4 days ago