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.
The bulk carrier RB Eden changed course twice thanks to Trump's trade reversals. A third time may be in the works.
I previously called millennials the "screwed" generation. A more polite Fed study uses the term "lost generation".
Giuseppe Conte is slated to become Italy's next prime minister. But he will not be in charge of anything.
Trump has gone apeshit batty with his latest "national security" tariff proposal.
If you think the economy is improving, you better check your facts and some disturbing trends.
The New York Times claims Facebook police show Germany learned a history lesson.
Long Liquidation: Large specs reduced long gold bets and increased short gold bets. Small specs increased longs & shorts
For 10 years, the EU and EMU promised reform. None was delivered. Time is up. Populists have taken control of Italy.
Rate hike expectations took a big dive today on poor housing data and/or Trump tariffs flip-flops.
What Layout changes do you want? Comments, images, fonts, archive lists, search, anything: Just make it constructive. Thanks…
Mish do you agree with Jamie Dimon that we can handle a 10 year treasury note at 4%?
Mike, I'm not particularly facile with the computer and I enjoyed it when your articles were arranged on titled lines across…