SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: orkrious who wrote (79417)2/28/2007 7:49:03 AM
From: Wyätt Gwyön  Read Replies (1) of 110194
 
In other words, the corporate junk market remains asleep.

the spread spike chart i posted yesterday suggests the market is not asleep. WSJ's take:

Among the bonds that were hardest hit were those issued by General Motors Corp. and Ford Motor Co., which would be especially vulnerable to an economic slowdown or an increased unwillingness of creditors to lend.

Prices on some bonds issued by Wall Street investment banks like Merrill Lynch & Co. and Bear Stearns Cos. also took hits; they could suffer if the markets keep sinking. Prices on some bonds issued by Countrywide Financial and Residential Capital, mortgage lenders, also tumbled.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext