You're now on the archive server. Commenting has been disabled.
Top 100 Most Active Cash Bonds
Today's number one most active was courtesy of CIENA getting involved with Nortel which after hitting a 2009 at its CDS recovery auction sub 10 cents is now trading at 62. Don't call it a bubble.
- NT: 36.5 million, 18 trades
- DISH: 34.4 million, 9 trades
- RESCAP: 34.4 million, 8 trades
- COOPER: 30.6 million, 17 trades
- ECOPET: 28.9 million, 25 trades
Source: Trace and Barclays Capital
»
- 2057 reads
- Printer-friendly version
- Send to friend
Crazy, isn't it? These bond prices reflect a TBTF syndrome on an economy-wide basis. So Uncle Sam will sugar-coat every company on the big board? Right... And even this is so, who is going to bail out Uncle Sam?
Lexmark. Or HP. Whatever brand the Fed uses...
Go long toner cartridges?