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Bond Trading Highest Since ‘07
Bond Trading Highest Since ‘07
From Bloomberg: Bond Trading Highest Since ‘07 as Credit Freeze Thaws Corporate bond trading in the U.S. is rising to the highest level in two years, adding to evidence that credit markets are thawing even with stocks off to their worst start since the 1920s. An average $17.1 billion of ...
Bond Trading Highest Since ‘07 as Credit Freeze Thaws (Update1)
bloomberg.com — Feb. 20 (Bloomberg) -- Corporate bond trading in the U.S. is rising to the highest level in two years, adding to evidence that credit markets are thawing even with stocks off to their worst start since the 1920s. An average $17.1 billion of corporate ... (more) Bond Trading Highest Since ‘07 as Credit Freeze Thaws ...
European Bond Spreads Widen on Bank Downgrade Concern (Update2)
bloomberg.com — Feb. 17 (Bloomberg) -- European bond spreads widened to the most in at least 10 years after Moody’s Investors Service said it may downgrade some banks with units in Eastern Europe. The difference between what Germany and Austria pay to borrow for 10 ... (more) European Bond Spreads Widen on Bank Downgrade Concern ...
Moody's Slashes Ratings on Mortgage Insurers
online.wsj.com — Moody's Investors Service cut its credit ratings on several mortgage insurers, citing higher-than-expected mortgage losses due to the recession and a continued downturn in the housing market. Ratings on MGIC Investment Corp. and Radian Group Inc. ... (more) Moody's Slashes Ratings on Mortgage Insurers
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Friday links: still not cheap
Abnormal Returns — ... safe investment: it’s a world where they’re a high-volatility gamble.”  (Market Movers) Has the WTI market simply become a derivative of the U.S. Oil Fund (USO)?  (FT Alphaville) China is loading up on “stuff” while the US puts more money into housing.  (Gregor.us) Bond trading is booming.  (Calculated Risk) Looking beyond the Rick Santelli ...

Bond Trading Highest Since 2007
Short-Term Trading — Corporate bond trading in the U.S. is rising to the highest level in two years. Bonds are trading but yields are very high as investors are betting they are high enough to compensate for defaults. There has been some decline in spread recently, but the spreads are still very high. Calculated Risk iShares IBoxx $ Invst Grade Bd Fd (LQD)

Credit Spreads Fall
Toro's Running of the Bulls Market Blog — ... Yesterday, we noted that trading in corporate bonds was at the highest levels in two years.  Calculated Risk also noted the same article and published a few nifty graphs showing that credit spreads have improved. ...

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