The crazy world of negative interest rates (and ultra-low US interest rates) are leading to a new craze in the world of securitization: the whole business bond!
Liquidity moves markets!Follow the money. Find the profits!
Franchised companies like burger restaurant Jack in the Box Inc. and massage provider Massage Envy are increasingly selling unusual bonds backed by most of their businesses. So rather than a B-rated tranches of loans, companies like Jack in the Box can now securitize EVERYTHING.