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The search for yield goes on.
Lenders hungry for yield meet borrowers thirsting for social advancement.
"The formula for yield maintenance is extremely stiff," he said.
"This is no time to reach for yield.
It also means searching for yield in nontraditional places.
And borrower behaviour attests to a broader reach for yield.
Financiers tend to do silly things when searching for yield.
Investors hungry for yield have willingly gone along.
Similar(3)
Another alternative for yield-hungry investors is to forsake debt instruments and look for income in the stock market.
"I think there's a huge global appetite for yield-like investments that can create steady capital growth".
Those loans are then packaged into securities for yield-hungry investors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com