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


To: orkrious who wrote (85825)9/3/2007 12:55:38 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 110194
 
and yet, check this out. AFBIX is supposed to go up when junk spreads rise. i don't understand this. AFBIX should be rising just like your chart, but it's not. quite the opposite. AFBIX is based on the DJ NA CDX index--negatively correlated without leverage. why hasn't this index tanked while junk spreads explode?
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