Category Archives: bonds and loans

The Emerging Markets Grow Up

Posted on April 20, 2007 by Felix

Emerging markets used to be an exciting, wild-west asset class. It now trades a long way through US high-yield debt, and is fast converging on US investment-grade spreads. In other words, it’s becoming boring.
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The Fannie & Freddie Bailout: Less Than Meets the Eye

Posted on April 19, 2007 by Felix

Yesterday’s announcement from Fannie Mae and Freddie Mac won’t help most subprime borrowers.
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Quantifying Subprime Losses

Posted on April 16, 2007 by Felix

Fremont sells more subprime loans at a loss of just 3.5%.
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