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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (31808)5/5/2005 1:11:48 PM
From: ild  Read Replies (1) | Respond to of 110194
 
DJ Ford Bonds Down 5-8 Pts After S&P Downgrade To Junk

DJ GM Bonds Due 2033 Dn 5 Pts At 73.5 After S&P Downgrade



To: patron_anejo_por_favor who wrote (31808)5/5/2005 1:16:09 PM
From: orkrious  Read Replies (3) | Respond to of 110194
 
while F and GM bonds get eviscerated, there's a flight to quality in treasuries. the 30 yr yield was 4.636 this am. it's now 4.587, though still barely green on the day. it's amazing how the yield curve continues to steepen.

got financial shorts? everyone's been buying them the last few days figuring a steepening yield curve will reinflate things.

not this time

HO HO HO <g>