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Pricing Corporate Bonds? Does the QE effect wear off? Will Corporates have to be repriced?

Hy might weaken relative to IG but don’t see a catalyst for major widening.

HYG has since rebounded nicely, which implies that higher interest rates are on a sustainable course, I assume that at some point rates will collapse and the HYG will collapse all things being equal the yield will increase relative to Treasuries. So its a valid indicator to me, and the size of corporate issuance is at extremes, and in a self inflating virtuous cycle? The shock of rate collapse cannot be overstated in this instance it might actually precede the economic collapse, not the other way around.

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