US and European junk-rated firms have meaningful exposure to central bank rate hikes. One reason is leveraged loans (floating-rate coupon).
thedailyshot.com/2022/11/23/us-…
Pairs well with Chartbok Newsletter #174 on corporate debt risk in Eurozone.
adamtooze.substack.com/p/chartbook-17… https://t.co/wKgH1I1Zvu
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…