Financial paper is yielding 16 basis points LESS than non-financial paper. That's the lowest in a decade. Normally 0% or less is a Buy.
It's certainly not a sign of any concern about the financial stability of the system.
Mark
Posted 15 May 2018 - 08:30 AM
Financial paper is yielding 16 basis points LESS than non-financial paper. That's the lowest in a decade. Normally 0% or less is a Buy.
It's certainly not a sign of any concern about the financial stability of the system.
Mark
Mark S Young
Wall Street Sentiment
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