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Bergman sees record-pace changes in capital markets, as reforms fuel securitization growth.

Yields rose across all tenors, pushing the rate on benchmark 10-year bonds to 4.08% and putting them on course for their first two-day increase since the start of the month.

Benchmark 10-year yields closed one basis point higher at 4.06%, while the policy-sensitive two-year yield climbed three basis points to 3.43%.

In a speech Tuesday, Federal Reserve Gov. Michael Barr said it was possible that artificial intelligence will boost productivity in an undisruptive way. But he said policymakers should also be wary of a financial crash if those gains are not realized or a rapid adoption that could lead to labor displacement.

If the senior leverage ratio is between 4.00x and 4.50x, then the transaction will pay down all outstanding class A2 note principal with 40% of all excess cash flows.

Justine Leigh-Bell will lead AFII's strategic direction and collaborate with asset owners and managers to integrate climate and nature factors into fixed-income portfolio construction.

Large and mega investors accounted for 5.8% of all single family-home purchases in December, up from 4.8% at the same time last year, according to Cotality.

The path of US interest rates remains in focus following the slower-than-expected US inflation print as traders fully price a Fed cut in July.

Yields across maturities declined by at least three basis points Friday, led by shorter-maturity tenors that are most sensitive to Fed rate changes.

The deal is the cell tower sector's largest-ever securitization and features its first single-B rated tranche.