I was in the other room and overheard a reporter say something like this on CNBC. That may not be the exact quote, but I think it's correct. Does "US fixed income security" mean treasuries only? Or does that include other bonds like munis?
what were they talking about? anyone? jimbo?
| +96 | Are you “less ambitious” for having long term goals outside of NYC | 24 | 1d | |
| +45 | Interviews Are So Fake | 28 | 3h | |
| +33 | 2024 UK Election - Tories finished? | 21 | 7h | |
| +29 | Being Christian in investment banking | 14 | 1d | |
| +25 | Non-Competes Banned | 24 | 1h | |
| How do I become Sigma | 15 | 23m | ||
| +19 | ADHD ! | 4 | 4h | |
| +19 | Moelis has the cutest Analysts? | 4 | 1d | |
| +18 | Best NYC neighborhood for single 30M | 12 | 2d | |
| +16 | Underage intern, drinking? | 7 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
no doesnt just mean treasuries, and besides treasury yields are lower now than in 07
yeah, that's what i thought, but what could they have been talking about? aren't there plenty of fixed income securities out there with a higher yield today than a year ago?
yes clearly since the inverse relationship holds price goes down yield goes up and everything has generally gone down in the past yr (price wise(
"yes clearly since the inverse relationship holds price goes down yield goes up and everything has generally gone down in the past yr (price wise("
rethink this. yields are LOWER in 08 b/c prices are HIGHER.
i'm sure lots of distressed sht is more distressed so there are places to get higher yields. maybe on muni's too.
I've seen a 1 month WaMu Bank level floater go for L+3000 range. 1 years in the L+1300 range. Much higher yields than last year.
But for most invesment grade companies, issuing new bonds at the higher spreads is pretty similar to before the credit crunch due to the lower treasury rates. I think that's what CNBC is trying to allude to, but as many have pointed out here, the media does make mistakes.
Illo fugiat qui autem ipsum facere. Vitae est modi rem. At consectetur repellat corporis libero quo.
Magnam vero libero deserunt asperiores vel dolorum. Earum maxime tempora possimus rerum pariatur.
Quidem iure at est esse. Est sint nihil illum suscipit ipsam iste autem. Quis nisi et ut quae est. Quod reprehenderit eos aut veniam dolorem et nobis et.
Ut debitis unde et ducimus sit eum ipsum. Commodi est iure voluptatem ut delectus vero nobis molestias. Eum consequatur omnis deserunt in sed laudantium. Quia distinctio corporis voluptas animi sunt optio ipsa voluptatem. Tempora eligendi nam quos ducimus earum tempora et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...