tag:blogger.com,1999:blog-4863014635257598503.post6753825178273755765..comments2024-02-27T22:18:53.706-05:00Comments on Zero Hedge: Loans Versus Bonds Relative ValueTyler Durdenhttp://www.blogger.com/profile/00165439451205639523noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4863014635257598503.post-80449662496162925432009-03-17T13:27:00.000-04:002009-03-17T13:27:00.000-04:00Sorry: I think he's saying that wider spreads impl...Sorry: <BR/><BR/>I think he's saying that wider spreads imply that in general, you'd want to be long loans, short bonds. Given that the average is skewed by a small number of very wide spreads, there are also cases where you'd want to consider being long bonds (see Vanguard Health) given that the bonds will likely be the fulcrum security in that cap structure.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-88363891258898058132009-03-17T13:23:00.000-04:002009-03-17T13:23:00.000-04:00I think he's sayingI think he's sayingAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-41649084094083749732009-02-21T17:00:00.000-05:002009-02-21T17:00:00.000-05:00"Okay, what does all that mean in plain english? I..."Okay, what does all that mean in plain english? Its it better to own corporate loans or corporate bonds?"<BR/><BR/>Zero is saying there's an opportunity to go long bonds and short loans, on the theory that their prices/interest rates will converge.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-21981930456941516612009-02-20T01:58:00.000-05:002009-02-20T01:58:00.000-05:00Okay, what does all that mean in plain english? I...Okay, what does all that mean in plain english? Its it better to own corporate loans or corporate bonds? <BR/><BR/>Does it matter for the individual investor?DINKshttps://www.blogger.com/profile/04648586816512955888noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-55717038998018723702009-02-19T10:41:00.000-05:002009-02-19T10:41:00.000-05:00wonder if that bond-loan basis is executable...sou...wonder if that bond-loan basis is executable...sounds like pretty off the run names...now that you are on to it definitely going to disappear.. =)Anonymousnoreply@blogger.com