Prices for
credit assets tied to the Bank of Canada's target imply traders think there is a 60 % chance that Poloz will once again be moved to respond to persistent economic weakness.
Not exact matches
Unsecured debts are not
tied to any particular
asset, and include most
credit card debt, bills for medical care, and signature loans.
Typically, these bonds are issued by companies with less than stellar
credit and are often
tied to specific pieces of capital equipment or
assets.
Whether you get an unsecured loan to pay off your smaller
credit card loans, or whether you go through an accredited program, unsecured debt consolidation means that you don't have to
tie your consolidation efforts to an
asset.
Even with an unstable housing market in the past few years, having a mortgage is still considered «good debt» because it's debt that's
tied to a physical
asset — unlike
credit card debt that's not backed up by any
asset.
That said, investors will want to consider a more balanced portfolio, one that includes
assets that offer income, from both equity and
credit, equities
tied to secular growth themes and even a bit of U.S. duration and gold.
An unsecured loan is not
tied to any
asset and usually includes
credit card debt, student loans, etc..
Unsecured debts are not
tied to any
asset, and include most
credit card debt, bills for medical care, signature loans, and debts for other types of services.
Even with an unstable housing market in the past few years, having a mortgage is still considered «good debt» because it's debt that's
tied to a physical
asset — unlike
credit card debt that's not backed up by any
asset, the article states
When the
credit crisis started to unfold last summer, the key area of weakness within commercial paper was mortgage - related
asset backed instruments
tied to the already declining U.S housing market.
The original proposal was that the federal government would spend many hundreds of billions of dollars buying up so - called «toxic»
assets (
tied to the collapsing real estate market) from financial institutions, so that they could shore up their balance sheets and prevent world
credit markets from freezing up.