After a quarter of broadly negative ratings actions on the banking sector that felt like a storm of falling anvils, the release of the Federal Reserve Dodd-Frank Act Stress Test ("DFAST") and Comprehensive Capital Analysis and Review ("CCAR") afforded some relief for bank credit investors.
Read More
USBAM CIO, Jim Palmer, comments on the Fed's decision to cut interest rates by 50 basis points.
Read More
The annual Shared National Credit Program results reveal elevated levels of potentially problematic commercial loans in the system relative to pre-2008, although the riskiest exposure has moved away from traditional banks.
Read More
USBAM comments on the January 29
th FOMC meeting.
Read More