Sources: X covered some losses usually borne by banks when seven lenders, including Morgan Stanley, sold $1.2B of its debt at 98 cents on the dollar in April (Financial Times)
Financial Times: Sources: X covered some losses usually borne by banks when seven lenders, including Morgan Stanley, sold $1.2B of its debt at 98 cents on the dollar in April — Trump's election helped revive loans that once threatened to hit banks with big losses — Unlock the White House Watch newsletter for free


Financial Times:
Sources: X covered some losses usually borne by banks when seven lenders, including Morgan Stanley, sold $1.2B of its debt at 98 cents on the dollar in April — Trump's election helped revive loans that once threatened to hit banks with big losses — Unlock the White House Watch newsletter for free