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The FOMC statement and dot plot were viewed as somewhat more hawkish than expected. System credit growth has slowed - and the risk of a precipitous lending slowdown is rising. Read more.
Credit market rallies most in two years as inflation abates. The Goldman Sachs Short Index surged 10.9% Thursday, with a two-day 17.5% spike. Read more here.
Cryptoassets are particularly unique assets that are sources of deep and rapid innovation in global financial markets. Given the volatility of the crypto market, their value can dramatically rise and fall.
As cryptocurrencies constitute property under English law, IPs are required to secure and realise such assets for the benefit of creditors. Cryptoasset holdings including assets in the form of claims concerning cryptocurrency may significantly impact returns to creditors.