Good morning…build it (concession) and they came and there is a growing interest in one of the worst asset classes — many still view bonds as uninvestible or tradeable — and this even BEFORE the latest quarterly from HOISINGTON drops. Yesterdays liquidity event went off without a hitch and demand was, by the metrics the pros follow, at a RECORD. ZH:
while we slept; a RECORD; 10yy vs 3.20%
while we slept; a RECORD; 10yy vs 3.20%
while we slept; a RECORD; 10yy vs 3.20%
Good morning…build it (concession) and they came and there is a growing interest in one of the worst asset classes — many still view bonds as uninvestible or tradeable — and this even BEFORE the latest quarterly from HOISINGTON drops. Yesterdays liquidity event went off without a hitch and demand was, by the metrics the pros follow, at a RECORD. ZH: