Credit Costs Have Reached A Cyclical Low As Leverage Declines

Banks seem to have easily digested energy-related losses and are now well positioned to realize related recoveries with otherwise “low loss levels in an extending business cycle” according to a research note from Credit Suisse on the state the global credit market published at the end of last week noting how Credit Costs have decreased.
Credit Costs Have Reached A Cyclical Low
As the Federal Reserve begins its tightening cycle plenty of commentators are worried that higher interest rates will be bad news . . .

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