“Senior bond spreads move from the low 60s to the circa 70 area; major bank T2 spreads drift from high 115-120 to low 130”
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Said on Complexity Premia
Unhedged · Is France too blasé about borrowing costs?
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Buy French government bonds if the spread widens enough to threaten euro-area stability
“Senior bond spreads move from the low 60s to the circa 70 area; major bank T2 spreads drift from high 115-120 to low 130”
“I would have put the patient on ECMO. Because at that time, even if quasi-stabilized on levophed, they've already have lost their compensatory mechanism.”
“…if you're worried about yields further rising, well, you just buy floating rate bonds. So you're not exposed to that duration.”
“I’ve got my hex debt… about $74,000… I at least want to pay the indexation down each year. So I might top it up if the government amount isn’t enough”
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