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.
Politics : American Presidential Politics and foreign affairs

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DuckTapeSunroof who wrote (69888)4/7/2014 1:16:47 PM
From: LLCF  Read Replies (1) of 71588
 
Yes, But:

"he who lives by the spread, dies by the spread"

when short rates spike and turns a winner into a loser. Their long end is fixed and short end is going to bite them hard in the not too distant future. Like the dopey federal government and Fed, they believe they will always have a positive spread, an assumption no sane business person makes.

DAK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext