Three months after new TALF was announced, it went live on June 17th – but a lot has happened in those three months. Markets have recovered, stimulus bills have been passed, the country “flattened the curve” with COVID-19, and now we are looking at the next sets of potential risks. But will this all last? And how much did TALF provide a calming effect to ABS sectors? In this podcast, we will talk macro credit and look at some sectors that did – and some that did not – get included in TALF’s safety net.
Three months after new TALF was announced, it went live on June 17th – but a lot has happened in those three months. Markets have recovered, stimulus bills have been passed, the country “flattened the curve” with COVID-19, and now we are looking at the next sets of potential risks. But will this all last? And how much did TALF provide a calming effect to ABS sectors? In this podcast, we will talk macro credit and look at some sectors that did – and some that did not – get included in TALF’s safety net.