Yields on bonds backed by commercial-property mortgages rose relative to benchmarks following seven straight weeks of tightening. The gap, or spread, on top-ranked debt tied to commercial real estate rose 0.14 percentage point to 2.33 percentage points more than similar-maturity Treasuries last week, according to a Barclays Plc index. Some top rated securities widened as much as 0.2 percentage point, the firm said April 23 in a report. “The seven-week rally in super-senior spreads came to an abrupt end,” New York-based analysts Aaron Bryson and Tee Yong Chew wrote in the report.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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HousingWire Mortgage Rankings have arrived, bringing data-driven benchmark to originator performance
HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio