TINA the Faceless Mistress (guest: Steve Sonick)
The Market Huddle
00:00
Credit Spreads Are Making New Hihs
The fed put was originally used to rescue the equity markets in the 19 87 crash, it was a credit event. Credit spreads are actually making new hihs. Now, if we go o look at a ten year we're nowhere near the levels,. let's say we were in two thousand teen or two thousand 20, where, you know, we were approaching nine, ten % on these spreads. But this looks like an upwards breakout in this.
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