Just curious, one thing that I don't track...
Posted 12 October 2018 - 11:32 AM
Just curious, one thing that I don't track...
Posted 12 October 2018 - 11:37 AM
https://www.reuters....d-idUSKCN1ML1ZF
Not much really. What's more important is the way junk has been outperforming investment grade Ya should see plenty if dwngrades right around the corner. (JMHO)
Posted 12 October 2018 - 11:45 AM
Whoa, now they r talking about it on CNBC.
Posted 13 October 2018 - 11:33 AM
It has little influence in an age where central banks provide financing.
https://fred.stlouis.../series/COMPOUT
Commercial paper also isn't a profitable means of financing holdings of sovereign debt. Italian banks can buy and hold Italian government debt without margin.
Posted 15 October 2018 - 10:32 AM
Financial Commercial Paper commands a 5 basis point premium over Non-Financial CP. This was actually less than zero last week.
There's no concern about the safety of the financial system among those who should know better than thee and me.
M
Mark S Young
Wall Street Sentiment
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