High-Yield Credit Carnage Round-UpRupert Hargreaves
High-yield credit carnage round-up. Source: Bloomberg
It isn’t 2007 all over again
There’s been plenty of speculation in the financial media that the closure of the Third Avenue Focused Credit Fund at the end of last week marked the beginning of a new financial crisis, drawing parallels with the closure of Bear Stearns and BNP Paribas credit funds back in 2007.
- Third Avenue Smoke Doesn’t Mean High-Yield Fire
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