UBS – Excessive Leverage in US Corporates

Seeking, at the very least, inflation-beating returns in a persistent low interest rate environment has meant fixed income investors have turned to more creative, arguably riskier, investment allocations over the past few years. Famed for their commensurate risks, US junk bonds and leveraged loans soared in volumes through 2017 – buoyed by Trump at the helm. However, recent research from UBS argues that US corporate balance sheets should be more closely scrutinised for less prominent levels of risk. Specifically, excessive leverage may be creating credit imbalances that many investors . . .

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Opt out of occasional 3rd party offers


Congrats! Are you a smart person? We have a limited time offer for sophisticated and loyal readers like yourself.

Sign up today and get three months free

Use coupon code VIP19 or click on the button below

Limited time offer only expires 8/31/2019 or next 30 13 subscribers whichever comes first – please do not share this discount with others

 

0