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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (79794)4/18/2000 6:14:00 PM
From: Terry Maloney  Read Replies (1) | Respond to of 132070
 
Michael, thanks again, the elasticity of the premiums over time is what I was missing, the fact that there is a high probability of them collapsing at some point with all that time on your side -- and if they collapse almost immediately ... you get to have some very happy partners. <g>

What percentage of your portfolio(s) do you allocate to credit spreads?