Low risk premiums in global markets have kept Australia’s financial conditions easier than they otherwise would be, a senior Reserve Bank official said, warning that stretched valuations leave markets vulnerable to sharp corrections https://t.co/nuY8qFaxOq ...

Market Trends - Subprime auto lenders issued asset-backed bonds this week [1] - Risk premiums on previously issued securities widened only slightly [1] - Limited fallout observed in the broader market despite Tricolor's collapse [1]