Of note, the new Chinese muni bonds were priced tight at issuance and they continue to trade
at tight credit spreads above the sovereign bond yields.
Not exact matches
Because of the
tight credit market, business plans are being more closely scrutinized than ever and banks are looking for specifics before looking
at Small Business Administration - backed loans or community bank loans.
«Monetary policy will not be too
tight or too loose,» Yi said, adding that growth in M2 money supply and total social financing — a broad measure of
credit — will be
at a reasonable pace this year.
Raymond J. Keating, chief economist
at the Small Business and Entrepreneurship Council, says the regulations risk choking off an already -
tight credit market.
But with the Fed looking
at more rate hikes and
credit spreads already near their
tightest levels of the cycle, it's tough to see how liquidity would become much more loose than it was two months ago.
The Fed left its key short - term rate
at 1.5 per cent to 1.75 per cent — the level it set in March after its sixth increase since December 2015 — as it gradually tightens
credit to control inflation against the backdrop of a
tight labour market and a pickup in consumer prices.
As a result, monetary policies aimed
at restraining
credit growth overall might end up being too
tight for some regions, leading to accelerating bankruptcies, and too loose for others, fueling out - of - control
credit growth.
Today, they reflect the flow of international borrowing where interest rates are low and lending
at a markup where
credit is
tight — and then hedging this arbitrage, and jumping on the bandwagon to speculate on which way currencies will go.
By looking
at how the
credit spread for a category of bonds is changing, you can get an idea of how «cheap» (wide
credit spread) or «expensive» (
tight credit spread) the market for those bonds is related to historical
credit spreads.
As you can see the
credit spread for JCPenney Bonds
at 769 basis points is much «wider» than the spread for Exxon Mobile bonds
at 119 basis points (a much «
tighter» or «narrow» spread than JCPenny).
U.S. high - yield bond spreads are 34 basis points, or hundredths of a percentage point,
tighter; cover spreads are 21 basis points
tighter, and emerging - market
credit excess returns are
at 3.6 %.
Household spending is expanding
at a moderate rate but remains constrained by high unemployment, modest income growth, lower housing wealth, and
tight credit.
Credit conditions were overly tight during the Great Recession, and now credit is flowing back to low credit score individuals who are purchasing cars at a fast
Credit conditions were overly
tight during the Great Recession, and now
credit is flowing back to low credit score individuals who are purchasing cars at a fast
credit is flowing back to low
credit score individuals who are purchasing cars at a fast
credit score individuals who are purchasing cars
at a fast clip.
As the financial crisis waned and the emergency lending programs were wound down, the Fed chairman faced a new challenge: A recovery hobbled by
tight credit, a lackluster housing market and financial turmoil in Europe that left the unemployment rate
at 9.1 percent two years after the expansion began.
At the same time, we are neutral on U.S.
credit amid
tight spreads and increasing sensitivity to rate rises, and prefer up - in - quality exposures.
There were periods in the game where we need to be
tight, well organised and calm
at the back, and I think our defenders and goalkeeper deserve
credit.»
At an industry summit in Whitehall last month lenders were told they could face
tighter controls, including limits on the number of loans taken out and a cap on the total cost of
credit.
Polish, who tells a story
at most of The Monti shows,
credits his Ph.D. adviser with teaching him how to tell a
tight story without loose ends.
Even
at a lean two hours (including
credits), it still feels like Justice League could've been shorter with some
tighter writing and editing.
Head room and leg room is rather
tight in the back (though, to Lexus»
credit, there's an admirable amount of shoulder space), so you'll just be able to squeeze a couple of mid-sized adults into the two rear seats, and the limited array of cup holders (just two, located
at the base of the center console) is just one example of the Lexus RC's lack of usable storage cubbies.
«
At the same time, we can't ignore the ongoing headwinds of
tight credit, limited inventory, higher prices and higher mortgage interest rates.
It would be one thing if guaranteed refinance terms were offered
at the initial refinancing, but absent that,
credit conditions are fickle, and it can be a short interval between loose
credit and
tight credit.
At one point, he was discussing how mortgage lenders are still being fairly
tight with
credit.
Household spending is expanding
at a moderate rate but remains constrained by high unemployment, modest income growth, lower housing wealth, and
tight credit.
He tells me stories of people with perfect
credit who are now
at the brink of foreclosure due to
tighter rules or unlucky circumstance.
At market tops, typically
credit spreads are
tight, but they have been
tight for several years, while seemingly cheap leverage builds up.
Reaching for yield always has risks, but the penalties are most intense
at the top of the cycle, when
credit spreads are
tight, and the Fed's loosening cycle is nearing its end.
Although
at tight valuations,
credit and mortgage - backed securities provide a yield spread over Treasuries that can add meaningful additional income over time.
Now, with
credit tight, they have become a potent deterrent to corporate raiders leery of being forced to repay a company's debt and then refinance the loans
at higher rates.
Her vet has run her blood and several other tests that have come up negative but is fairly
tight lipped on her prospects - We have limited finances, have spent $ 700 on her in the past two days, can't afford any more, and do not have
credit beyond what we already have (recent circumstances outside our control already stretched our
credit in the past month - it's too much
at once financially).
Survey: Average card APR sits
tight at record 15.50 percent — March 1, 2017: The national average APR on new card offers stayed
at a record high this week, according to the CreditCards.com Weekly
Credit Card Rate Report.
Credit card interest rates sit
tight at 14.92 percent — May 6, 2015: Interest rates on new card offers remain locked in place this week, according to the CreditCards.com Weekly
Credit Card Rate Report.
Rate survey: Average card APR sits
tight at 15.18 percent — July 13, 2016: The average APR on new card offers remained unchanged
at 15.18 percent this week, according to the CreditCards.com Weekly
Credit Card Rate Report.
Rate survey: Average card rate sits
tight at 15 percent — Aug. 5, 2015: Interest rates on new
credit card offers held still this week, according to the CreditCards.com Weekly Credit Card Rate Report... (See Rate r
credit card offers held still this week, according to the CreditCards.com Weekly
Credit Card Rate Report... (See Rate r
Credit Card Rate Report... (See Rate report)
Survey: Average card APR sits
tight at 15 % for 13th week — Sept. 16, 2015: Interest rates on new
credit card offers still aren't moving, according to the CreditCards.com Weekly Credit Card Rate R
credit card offers still aren't moving, according to the CreditCards.com Weekly
Credit Card Rate R
Credit Card Rate Report.
«Household spending is increasing
at a moderate pace, but remains constrained by high unemployment, modest income growth, lower housing wealth and
tight credit,» the Fed said in its statement.
The
tight timeframe for tariff filing presumably recognizes that certain federal tax
credits for solar energy facilities decrease or expire
at the end of 2016, and that facilities must be operational by then to take advantage of the
credits.
But Lisa Pendergast, managing director
at RBS Greenwich, suggests the curve is so
tight that «buyers aren't being sufficiently compensated for moving down the CMBS
credit curve.»
In fact, the
credit curve (the difference between triple - A-rated and triple - B securities)
at 57 basis points, or 0.57 percentage point, is
at its
tightest level since 1997.
Regardless, there are many catalysts: a
tight labor market, wage growth picking up, a stock market
at or near record highs, housing values rising quickly, high commercial real estate prices, low cap rates and narrow
credit spreads.
The number of completed homes for sale ready for immediate move - in remains
at a record low of 38,000 as builders remain cautious about building ahead of the market and as
credit access remains
tight.
And right now,
credit is
tighter than
at any point we can remember.
«
At the same time, overly
tight credit conditions are certainly constraining consumers» ability to purchase homes as well as builders» ability to construct them.»
While limited inventory,
tight credit and down - payment requirements make it hard for many millennials to achieve the American Dream, soaring rents and the likelihood the Federal Reserve will increase interest rates later this year may drive more of them to explore buying, said Stan Humphries, chief economist
at Seattle - based Zillow Group.
«During the depths of the Great Recession,
at least half of my clients relied on FHA - backed loans because of extremely
tight credit conditions,» said Brown.