Here is the list of the top leveraged banks. pic.twitter.com/tDrNb3kzIw
— The Coastal Journal (@1CoastalJournal) May 12, 2024
Who didn’t see this coming?
This is just getting started unfortunately. Almost $1 trillion of debt is rolling over in 2024 and needs to be refinanced at higher rates.
Good luck with that. pic.twitter.com/my3e7stE1J
— QE Infinity (@StealthQE4) May 12, 2024
This development is certainly worth paying attention to.
Lower-rated corporate bonds are starting to crack.
Notice the recent divergence between the spreads of triple Cs and single Bs, while other segments of the bond market remain historically complacent.
Reflecting on… pic.twitter.com/u0vvkar0Qb
— Otavio (Tavi) Costa (@TaviCosta) May 12, 2024