Not exact matches
So as the safe haven appeal
of government debt reduces while the
overall quality
of corporate
credit improves, it's logical for high - yield
credit spreads to
tighten.
(Though, there was some evidence
of a
tightening overall credit market for flooded residents.)
«While
overall access to
credit tightened in August, we did see some loosening in certain segments
of the purchase market,» says Michael Fratantoni, MBA's Chief Economist.