Daily Credit Summary: August 17 - POMO you don't!

Tyler Durden's picture

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Number 156's picture

The thinness of markets (given the summer slump and general lack of desire) enabled modest re-risking to move markets rapidly at the index levels across sovereigns, financials, and corporates in the US and Europe.

 

How much of this 're-risking' is goverment manipulation to goose up the markets?

kathy.chamberlin@gmail.com's picture

Spreads tightened

tyler, these financial terms, well you just

HAD ME @ spreads tightened.

kathy.chamberlin@gmail.com's picture

plus tried to buy some bulgarian F E T A    today

S T R O N G        cheese.

jdrose1985's picture

reminiscent of velobabe

did you break out of rehab, perhaps?

kathy.chamberlin@gmail.com's picture

i don't know, maybe i just got into rehab.