Europe’s private credit funds resort to bank borrowing, raising concerns over systemic risks; Global Corporate Defaults hit highest level since the GFC

This trend raises alarm about the broader risks from interlinked dependencies. LONDON, March 14 (Reuters) – Europe’s private credit funds are increasingly borrowing from banks to boost their performance, fuelling concerns about the wider risks posed by this interconnectedness. A …

READ MORE

Corporate Media Won’t Let You See What “Migrants” in the Netherlands Are Doing [VIDEO]

African immigrants burn down The Hague, Netherlands Eritrean African immigrants burn down The Hague, Netherlands. We need mass deportations now. https://t.co/JbABEs1LL4 pic.twitter.com/q9i78gRIx2 — RadioGenoa (@RadioGenoa) February 17, 2024 NOW – Violent clashes between Eritrean migrants and the police in The …

READ MORE

New bank failure incoming? FDIC held a CLOSED meeting at 3:12 pm yesterday to consider matters related to the Corporation’s supervision, corporate, and resolution activities. A closed meeting like this was held before Heartland Tri-State Bank failed back in July.

Source: https://public-inspection.federalregister.gov/2023-28472.pdf TLDRS: FDIC held a CLOSED meeting yesterday about resolution matters that the public interest did not require consideration of the matters in a meeting open to public observation. I show Heartland Tri-State Bank of Elkhart, Kansas failed after a similar meeting …

READ MORE

Market Shifts Toward Credit Risk From Interest Rate Risk as PPI Takes a Hit; Fitch Foresees Ongoing Struggles for US Regional Banks; Corporate Bankruptcies Surge

As we approach the new year, a shift toward credit risk is expected, replacing interest-rate concerns, according to Mohamed El-Erian. The recent steep drop in October’s Producer Price Index (PPI), the largest since April 2020 during the Covid lockdown, heightens …

READ MORE

The surge in benchmark interest rates is hammering the $10.6 trillion market for US corporate bonds once again.

by DesmondMilesDant Caption: High-quality debt created by data provider BondCliQ. https://www.bloomberg.com/news/articl…   Caption: This H-portfolio contains 30 bonds covering major sectors such as tech, utilities, energy and financials, and includes bonds sold by Deere Capital Corp., Lowe’s Cos Inc., AMZN …

READ MORE