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Government Debt and Stock Returns

ClearMoney

Becker and Ivashina (2018) argue that government debt instruments could compete with those of corporations in the financial markets, crowding out lending that would otherwise go toward corporations. Fiscal Service, Federal Debt Held by the Public” [FYGFDPUN]. Asset Pricing with Limited Risk Sharing and Heterogeneous Agents.”

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Is $22 Trillion a Tipping Point?

ClearMoney

Becker and Ivashina (2018) argue that government debt instruments could compete with those of corporations in the financial markets, crowding out lending that would otherwise go toward corporations. 3General government debt from OECD (2021). 4Central government debt from International Monetary Fund (2021). Global Debt Database.”

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Transcript: Mike Freno, Barings Chairman and CEO

The Big Picture

They run over $431 billion in global assets. Most of what they do are, are real assets, credit debt, middle market banking. But really in 2005 I made that, that shift to, to, to Babson and, and really still doing what I was doing focused on, on, you know, fundamental fixed income analysis. What a fascinating guest.

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