CMBS Buyers Suffer First Loss on AAA Debt Since Financial Crisis:
1. Top bonds backed by loan for 1740 Broadway in NYC repaid 74%;
2. Industry Analysts warn of more pain to come in safest CMBS.
Commercial mortgage-backed securities (CMBS) are fixed-income investment products that are backed by mortgages on commercial properties rather than residential real estate. CMBS can provide liquidity to real estate investors and commercial lenders alike.
Fed keeps利率在高位，讓commercial real estate出現問題。
今天美國Regional Banks都跌了大約2%。
Dow今天跌600多點，波音貢獻挺大, 雖然Boeing隻占道指的3.083%。
有消息說Nvidia應該進入Dow Jones Index。
