10yr swap spreads negative
10yr spreads gone pretty negative now too.... partly technical, partly people not so confident the US is really that much better credit than swaps....
10y , -5 30y, -23
10yr spreads gone pretty negative now too.... partly technical, partly people not so confident the US is really that much better credit than swaps....
10y , -5 30y, -23
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I remember reading the other day on Bloomberg that BRK bonds (and some others) are now trading at a premium to treasuries. At least partially pricing in what seems to be more and more likely: US credit rating re-evaluation.
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