credit investment grade Markets

The Last Time BBBs Did This, Stocks Were At Record Highs

The latest from the "BBB apocalypse" saga.

The latest from the "BBB apocalypse" saga.
This content has been archived. Log in or Subscribe for full access to thousands of archived articles.

1 comment on “The Last Time BBBs Did This, Stocks Were At Record Highs

  1. The bond market appears to be quite confused right now. Markets are on autopilot right now. (Positive) Sentiment is a powerful force and it is writing its own story. There’s no apocalypse, but things are slowing down and spreads should at least be stable, not decreasing. I see approximately 30 bps shaved off of As down to BBBs in the last few weeks….. High grade spreads have really contracted. I don’t feel spreads are adequately compensating for current risk, but the market is telling me I’m flat out wrong. I’m not buying right now. Perhaps it’s all this funny money going around in our markets these days that’s obfuscating things..,,,

    Thanks for the post.

Speak On It

Skip to toolbar