"Until last year, most fixed-rate borrowers didn’t even consider anything other than a 5-year term," says MCAP SVP, Megan McDonald. But with rates doing a moonshot, she says brokers "have been looking for an alternative to 5-year terms." So MCAP gave it to them — in

Markets are struggling to price unknown tail risk in the banking system. The financial system is facing a confidence problem, not as extreme as the Global Financial Crisis, but unlike anything we've seen since then. As a result, inflation fears have temporarily taken a back seat to risk

An extra day of reflection has investors believing that the probability of a banking apocalypse is less than they calculated Monday. "Based on the information available so far, we think wider liquidity events are unlikely," Oxford Economics stated in a research note Tuesday. But "unlikely" hasn&

Crises are routine when markets are already pricing in recession. Financial institution meltdowns have coincided with a top in yields in numerous prior cycles. And it may be happening again with Silicon Valley Bank (SVB). The Santa Clara, California based bank collapsed Friday, causing investors to rush into government bonds