SFI Roundup: Corporate Debt— Too Much of a Good Thing?
Worldwide, corporate debt recently peaked at 100 percent of global GDP in the wake of over a decade of quantitative easing by central banks. With inflation firmly back on the agendas of policy makers, multiple rounds of increases in interest rates now seem inevitable. As debt comes in many shapes and flavors, the refinancing story will unroll unevenly for lenders and for borrowers. In this Roundup, academics and industry experts review the current state of the corporate debt market and explore what may lie ahead.
Discover the research insights into this topic made by SFI Prof. Lorenzo Bretscher, UNIL, SFI Prof. Erwan Morellec, EPFL, and SFI Prof. Steven Ongena, UZH, as well as practical insights from Virginie Fauveau, Head of the Corporate Division at Banque Cantonale de Genève, Frederick Mellors, Co-head of Cross Asset and Head of Fixed Income Strategies at UBS's Chief Investment Office of Wealth Management, and Daniel Rupli, Head of Single Security Research (Equity & Credit) at Credit Suisse, all in our most recent issue.
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