The Undollar Digest

Doug Noland’s Credit Bubble Bulletin

Doug Noland 07/20/2012 www.prudentbear.com

Selected Notes
July 17 – Bloomberg (Sarah Mulholland): “Landlords are piling the most debt onto commercial properties in five years as Wall Street banks bundle the loans into bonds to meet rising demand from investors seeking high yields amid record-low interest rates. The size of mortgages bundled into bonds will surpass 100% of building values for [...]


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