No fear: Geithner's plunge protection team is here. Sphere: Related Content
Bookmark this post with:
Wednesday, April 8, 2009
Credit Commentary
As market does all it can to hug the flatline, credit is leaking, with IG12 at 192, 3 wider on the day and HY12 at 1377, 18 wider. Equities blissfully ignorant of everything but tick by tick momentum.
No fear: Geithner's plunge protection team is here. Sphere: Related Content
Print this post
No fear: Geithner's plunge protection team is here. Sphere: Related Content
Subscribe to:
Post Comments (Atom)
2 comments:
~
f'in A.
Huge Volume on the close.
GS is tier 1 support for the PPT.
...which means they're confident that they will be getting a strong bid-to-cover on the 10yr tmw.
we'll see
Post a Comment