Sep 10th, 2019

What's The Big Idea? Here's What Could Spark a Sell-Off in CLOs

Collateralized loan obligations known as CLOs have become an area of concern for some investors and regulators. The CLOs bundle together loans made to relatively indebted companies, but it's tough to figure out exactly who's buying them. On Today's Big Idea, Bank of America Merrill Lynch crunches the numbers to find who's holding CLOs and what could theoretically spark a sell-off. Tracy Alloway reports on "Bloomberg Daybreak: Middle East." (Source: Bloomberg)