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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Ramsey Su who wrote (37677)8/4/2005 1:25:10 AM
From: John Vosilla  Read Replies (1) of 110194
 
Would it be harder to refinance all that debt that comes due in a couple of years if the long end rises but the yield curve steepens or if the long end stays low and the yield curve is flat to slightly inverted? I have to believe the most favorable scenario that unfolded 2-3 years ago will not be repeated again for a very long time.
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