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LONZ - What's Happening To The Banking System?
May, 09 2023 02:04 AM
PIMCO Senior Loan Active ExchangeTraded Fund
2023-05-09 02:04:00 ET
Summary The S&P regional bank index is now down -34% year to date and discussions of a credit crisis are running rampant. Rising rates make it more expensive to borrow and are intended to reduce inflation through reducing demand for new credit issuance. While muddle-through is our baseline outlook, the higher for longer environment increases the odds of a sharper contraction in credit than we expect. For further details see:
What's Happening To The Banking System?
Stock Information
Company Name:
PIMCO Senior Loan Active ExchangeTraded Fund
Stock Symbol:
LONZ
Market:
NYSE
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