The BIS Issues A Dire Warning: "We Are Moving From The Liquidity To The Solvency Phase Of The Crisis"

Source: https://www.zerohedge.com/markets/bis-issues-dire-warning-we-are-moving-liquidity-solvency-phase-crisis
Published: Dec 7, 2020
Author: Tyler Durden
Post Date: 2020-12-07 19:57:10 by Horse
Views: 64

"We should be expecting more bankruptcies going forward yet credit spreads are quite low by historical standards, and indeed while banks are pricing risk more carefully we don’t see the same in capital markets."

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