The Fed's survey of senior credit officers finds a "broad, but moderate tightening of credit...

|By:, SA News Editor

The Fed's survey of senior credit officers finds a "broad, but moderate tightening of credit terms" to large market participants over the past quarter, particularly noting REITs, hedge funds, and non-financial corporations. Though not directly mentioning Europe, events there clearly provide an undertone to the cautious report. (pdf)