โTotal Meltdownโ in Riskiest Debt Unnerves Market: Credit Weekly
It was a panicked message from a colleague that woke fund manager Ivelina Green at 5 a.m. on Thursday morning in New York: โTotal meltdown.โ
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It was a panicked message from a colleague that woke fund manager Ivelina Green at 5 a.m. on Thursday morning in New York: โTotal meltdown.โ
A bond sale tied to a 24-story office tower in midtown Manhattan thatโs home to the publisher of Rolling Stone was postponed, the latest in a string of real estate-backed debt deals to be delayed in the face of weakened credit conditions and volatile rate markets.
Bess Freedman, Brown Harris Stevens CEO, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the dynamic between mortgage rates and US housing supply. (Source: Bloomberg)
Anastasia Amoroso, Partners Group chief investment strategist, says the Federal Reserve is unlikely to raise interest rates at its next meeting, even after hotter-than-expected producer price data. She speaks on "Bloomberg Open Interest." (Source: Bloomberg)