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Employers hired an additional 115,000 workers in April, while unemployment remained unchanged at 4.3%. Despite the positive headline figure, a spike in newly unemployed workers and a rising number of underemployed workers suggests instability under the surface.
10h ago -
The deal features a principal acceleration trigger. If breached, the transaction will divert all additional funds to paying down the principal on the notes.
May 7 -
The Treasury Department held a high-stakes huddle with state insurance officials to discuss risks associated with the rapid growth of private credit in the economy and whether those investments could pose systemic vulnerabilities.
May 7 -
The transaction comes to market with initial hard credit enhancement levels of 33.60%, 22.90%, 13.50% and 8.65% across the subordinate tranches, higher than the previous deal.
May 7 -
The 30-year fixed spiked earlier in the week, but fell as Middle East news helped to drive the 10-year Treasury yield lower by 9 basis points by Wednesday.
May 7 -
The percentage of investors who view the market as better than it was a year ago fell to 36% from 45% in the winter, according to a spring survey.
May 6
Published November 09, 2014, 7:40 a.m. EST
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Updated November 09, 2014, 7:40 a.m. EST
1 Min Read
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