KBRA Releases Research – Coronavirus (COVID-19): Can Credit Hold Ground While the U.S. Is ‘Spiraling Out of Control?’
Kroll Bond Rating Agency (KBRA) releases the Can Credit Hold Ground While the U.S. Is Spiraling Out of Control?
- Kroll Bond Rating Agency (KBRA) releases the Can Credit Hold Ground While the U.S. Is Spiraling Out of Control?
- report, which examines the dramatic tightening in most credit spreads in the face of a still unfolding pandemic, deep economic recession, and an uncertain political landscape.
- KBRA believes this reflects existing and prospective monetary and fiscal support, the reopening of the economy, and progress on developing an effective medical response against COVID-19.
- In addition, KBRA believes the differentiated nature of this downturn and the safe haven status of the U.S. have also served to bolster investor sentiment.