Category Archives: Market Structure and Dynamics

The Trump administration has reapproached the idea of selling a portion of the federal student loan portfolio to the private market and has engaged with financial professionals and other federal agencies on the matter. The...

Following the bankruptcy of Tricolor Holdings, rating agencies are closely watching the cash flow to bondholders, while investors are more concerned about how loose underwriting practices may impact outstanding securitizations. Tricolor Asset Securitization Trust has...

Federal Reserve Board Vice Chair for Supervision Michelle Bowman, in a speech to the Kentucky Bankers Association, noted that the labor market is fragile and may be “on the cusp of deteriorating” given the recent...

The BLS released the CPI report for August, which disclosed that inflation increased by 0.4 percent for the month of August, resulting in an annual inflation rate of 2.9 percent, .2 percent higher than the annual rate...

The Bureau of Labor Statistics (BLS) revised down by 911,000 the number of jobs created from March 2024 through March 2025. According to Reuters, economists had expected revisions to be between 400,000 and 1 million. This follows recent significant...

According to a study conducted by the Financial Times, major pensions funds have begun to allocate less capital to private credit investments. Pensions are a major source of capital for the investment vehicle. The pullback is due...

American companies issued $56.4 billion in investment grade bonds and $9.6 billion in junk bonds last week. This was the biggest weekly sales volume since March 2025, driven in large part by investors looking to...

Tricolor Holdings – a subprime auto lender – has filed for bankruptcy amid allegations of fraudulent activity within warehouse lines. Auto ABS backed by Tricolor loans have started to crack according to Bloomberg. Demand in the subprime...

With large institutions pulling capital from private credit funds, individual investors in Europe and the U.S. are increasingly filling the gap. Americans have invested $49 billion, and Europeans have invested nearly €24 billion, into these...

The Wall Street Journal reports that, in Q3 2025, Canadian banks are expected to have a 5.1 percent increase in core earnings and 7.6 percent increase in revenues compared to Q3 2024. Much of this growth is...

Growth in credit card spending is falling behind growth in debit card spending for the first time since the pandemic. The decline in credit card usage can be attributed to the rise in credit card...