But first a word about our sponsor

June 30th, 2011|by Michael Ashley Schulman, Perspectives, The Big Picture|

But first a word from our sponsor, or more precisely, about our sponsor. During the Fed’s Quantitative Easing II (QE2) program over the last year, financial conditions eased and real interest rates fell for Treasuries, government sponsored enterprises, investment grade credit and high yield issuers. The Fed can therefore claim praise for helping high yield […]