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


To: russwinter who wrote (45056)11/8/2005 12:52:47 PM
From: bond_bubble  Read Replies (1) | Respond to of 110194
 
Russ,
Actually from Doug Noland bulletin, I've been seeing that Securities credit dropped in october. Is this what you are referring to (I'm assuming it refers to ABS)? I have been eagerly looking at this number since october. But it has turned positive in November (last 2 credit bulletein)!!! Do you see any prepayment increase/stabilization in November? July-August, long rates fell - that might have caused this surge in activity. Are there going to be any last minute rush going forward - people wanting to catch a last breath of equity extraction?