Leveraged Loan Market Warnings Have Been Ignored For Over Five Years

Forbes

Former Federal Reserve Chair Janet Yellen expressed her concerns about the significant growth of covenant-lite leveraged loans in an interview with Mr. Sam Fleming of The Financial Times. Yesterday, she stated “I am worried about the systemic risks associated with these loans. There has been a huge deterioration in standards; covenants have been loosened in leveraged lending.”..Read More

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