Bank of America Says Pump the Brakes on Structured-Credit Risk

Vehicles are reflected in the window of a Bank of America Corp. branch in Chicago, Illinois, U.S., on Sunday, July 9, 2017.Photographer: Christopher Dilts/Bloomberg
Lock
This article is for subscribers only.

Signals are flashing red in the structured credit market, according to Bank of America.

Credit analysts at the bank are warning that structured credit products are entering a new “risk-off” phase as a number of market indicators imply caution is warranted.