Tag: credit

The pandemic boom in home sales is over’: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing marketThe pandemic boom in home sales is over’: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market

Mirza Ashraf Beg @ DubaiMirza Ashraf Beg @ Dubai 0 Comments 12:56 am
0 0
Read Time:28 Second

The 30-year fixed-rate mortgage averaged 5.27% for the week ending May 5, according to data released by Freddie Mac FMCC, -0.46% on Thursday. That’s up 17 basis points from the previous week — one basis point is equal to one hundredth of a percentage point, or 1% of 1%

https://www.marketwatch.com/story/the-pandemic-boom-in-home-sales-is-over-mortgage-rates-soar-to-highest-level-since-2009-as-the-fed-pressures-the-housing-market-11651760108?link=sfmw_fb&fbclid=IwAR14JE4G-PIvrSuqUXZFYxstOPGt3e9-bcVJhCZMwq58qx8b-fawz1TCp_o

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
READ MOREREAD MORE

In a Tumultuous Year for Auto Insurance, Customers Seek Better ValueIn a Tumultuous Year for Auto Insurance, Customers Seek Better Value

Mirza Ashraf Beg @ DubaiMirza Ashraf Beg @ Dubai 0 Comments 11:39 pm
0 0
Read Time:11 Second

Latest customer survey findings on auto insurance trends during the last year show largely similar after-effects in most world regions. In the US, a …

In a Tumultuous Year for Auto Insurance, Customers Seek Better Value

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
READ MOREREAD MORE

Interview with Mirza Ashraf Beg by Mena CDO Connect- BII WorldInterview with Mirza Ashraf Beg by Mena CDO Connect- BII World

Mirza Ashraf Beg @ DubaiMirza Ashraf Beg @ Dubai 0 Comments 4:39 pm
0 0
Read Time:3 Second

https://www.menacdoconnect.com/speaker-news/interview-with-mirza-ashraf-beg/

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
READ MOREREAD MORE

Albert Edwards And Scott Minerd Agree: US Yields Could Go NegativeAlbert Edwards And Scott Minerd Agree: US Yields Could Go Negative

Mirza Ashraf Beg @ DubaiMirza Ashraf Beg @ Dubai 0 Comments 10:13 pm
0 0
Read Time:41 Second

Do you believe we’ve “crossed the Rubicon” where that means policymakers are increasingly inclined to view the world through the lens of Modern Monetary Theory even if they insist they’re doing no such thing? If the answer is “yes,” you’ll be forgiven. The superfluous middleman notwithstanding, central banks are engaged in debt monetization. That’s been true for a long time, of course. What’s new is that the “match” between government borrowing and central bank bond-buying became so glaring following the pandemic that the charade was difficult to obscure, even in countries where the public isn’t exactly famous for its capacity to grasp nuance (e.g., the US). The figure (below) is about as straightforward as it can be.

https://heisenbergreport.com/2021/03/04/albert-edwards-and-scott-minerd-agree-us-yields-could-go-negative/

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
READ MOREREAD MORE

My Bank offers me KYC as a service for fintech apps & my businessMy Bank offers me KYC as a service for fintech apps & my business

Mirza Ashraf Beg @ DubaiMirza Ashraf Beg @ Dubai 0 Comments 12:36 pm
0 0
Read Time:12 Second

Fintech/Blockchain influencer – No.3 influencer in the finance sector by Refinitiv Global Social Media 2019.  As the year comes to an end, I am …

My Bank offers me KYC as a service for fintech apps & my business

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
READ MOREREAD MORE

Many Marvels: The Year In Corporate CreditMany Marvels: The Year In Corporate Credit

Mirza Ashraf Beg @ DubaiMirza Ashraf Beg @ Dubai 0 Comments 12:35 pm
0 0
Read Time:49 Second

One the many marvels of 2020 was the US corporate bond market, where borrowers were able to access cheap money in record amounts despite (or because of, depending on how you want to conceptualize things) the worst economic downturn in a century.

When the lockdowns began in March, credit markets convulsed. Spreads ballooned wider, CDX exhibited multi-standard deviation moves, outflows accelerated, and popular ETFs looked to be on the brink of “breaking,” as big discounts to NAV suggested the underlying liquidity mismatch in retail credit products was finally being exposed as an untenable flaw (figure below).

Ultimately, the Fed stepped in on March 23, and then, just days later, unveiled a backstop for fallen angels and high yield ETFs.


https://heisenbergreport.com/2020/12/31/many-marvels-the-year-in-corporate-credit/arvels-the-year-in-corporate-credit/

Source: https://heisenbergreport.com/2020/12/31/many-marvels-the-year-in-corporate-credit/

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
READ MOREREAD MORE