This paper analyzes the rapid growth and evolving landscape of synthetic risk transfers (SRTs), a securitization tool increasingly used by banks to manage credit risk and optimize capital. Since 2016, ...

I recently wrote about how Treasuries have come to represent a larger share of the US bond market, prompted by heavy US government debt issuance. Only as an aside did I mention that corporate debt has ...

The direct lending market has experienced dramatic growth and become a vital and growing part of institutional investors’ portfolios, offering potentially attractive risk-adjusted returns with higher ...

OLDWICK, N.J.--(BUSINESS WIRE)--U.S. private mortgage insurers continue to cede a meaningful portion of their premium to reinsurance, with the usage of unaffiliated reinsurance expanding considerably, ...

The yield advantage on corporate and high-yield bonds has been narrow for some time—a sign that economic conditions support corporate borrowing. The war in Iran sparked a widening of yield spreads ...