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Market Impact: 0.12

Grading Value of High Ed Real Estate: Kleinman

Source: Bloomberg

Investor Sentiment & PositioningCredit & Bond MarketsElections & Domestic Politics

Nuveen’s Margot Kleinman tells Bloomberg she is approaching parts of the higher education market with “great caution,” reflecting underwriting/credit-risk concerns. The commentary is directionally negative for sentiment around that segment, but it is unlikely to materially move broader bond prices given the lack of new quantitative data.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

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