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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: ild who wrote (245484)6/13/2003 3:28:21 PM
From: patron_anejo_por_favor  Read Replies (2) of 436258
 
Interesting stuff....C&I lending continues to make new lows week after week. Commercial paper issued by financials keeps hitting new highs, and by non-financials keeps hitting new lows. I assume the non-financials have rolled a large amount of debt out farther on the yield curve (which will b*tch slap them when Reaper's debt trap scenario comes to fruition as they'll have high fixed borrowing costs and short lending will dry up so refinancing it will be out of the question).
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