Residential starts decreased 4.2% last month to a 1.43 million annualized rate after an upward revision to the prior month, according to government data released Thursday. Single-family homebuilding dropped to an annualized 855,000 rate, the...
Collateralized loan obligations rated AAA have seen their average prices rise to 97.6 cents on the dollar, compared with about 97 cents toward the end of last month. That’s close to the lowest on record since the financial crisis, excluding the...