Lynette Zang & Alden Tuesday Tuesday PM

The End of Libor: Are You Prepared for the Coming Storm?

 

Lynette Zang:  1-10-2023

 

An interesting thing is happening on the progress toward the transition between the LIBOR and the SOFR and it’s happening in the CLO market.

 

We have about six months to go in this transition, and when it’s super quiet, it always makes me wonder what are they trying to hide?

 

Because that could indeed create a huge surprise and you don’t wanna be surprised in a negative way.

 

Chapters:

 

0:00 LIBOR and SOFR Transition

 

1:56 Collateralized Loan Obligations

 

4:16 Debt Investors Fight Back

 

9:36 Strains in Credit Market

 

12:50 Distressed Debt

 

15:13 Central Banks Buy Most Gold in History

 

18:28 Protecting Your Wealth