Weekly News – May 13
Distress is Back!
Treasury widening can be seen in higher yields….
but what happens when spreads (OAS) blow out?
Elbows are getting sharper out there…
Credit-Market Clashes are Getting Uglier, Dirtier, More Common here
Should vulture investors be required to show ‘good faith’ with adversaries here
“J.-Screwed” A quick look at unexpected value leakage here
and in pictures:
Hold the Presses! J. Garrity (SDNY) Approves 3rd-party Releases!
Bankruptcy versus Crypto
Coinbase warns users could lose their crypto holdings if the company goes bankrupt here
Per Prof. Levitin (one of our favorites): Not Your Keys, Not Your Coins: Unpriced Credit Risk in Cryptocurrency here
Texas Two-Step Under Scrutiny
Floating Rate Renaissance
Private Credit Boomed Amid Low Yields — And Now It’s Set to Flourish here
What we’re watching…
Saving Capital Markets: Coming Soon to a Theater Near You
Upcoming Events
June 10: American Bankruptcy Institute New York City Bankruptcy Conference
June 15: Secured Finance Network Women in Secured Finance Conference 2022
June 26-28: INSOL London 2022
**New Event** September 6-7, 2022: International Insolvency Institute Annual Conference
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