How ZIRP and SNAC Made It Easier To Short Credit

Tyler Durden's picture




 
0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 11/21/2011 - 11:33 | 1898551 oogs66
oogs66's picture

So many analysts talking about how Junk spreads are CHEAP !!!  yet, they can't really tighten because they are cheap to very short dates and compared to treasury yields of zero.  the Fed has made looking at spreads somewhat useless.  the fact that sell siders are trying to sell high yield bonds based on spread is a death trap waiting to happen

Mon, 11/21/2011 - 11:36 | 1898565 Careless Whisper
Careless Whisper's picture

The Careless Whisper Morning Update

 

VIDEO: Creepy Non-American UN Globalist Chancellor Of UC Davis Given Silent Treatment By Thousands Of Student Protesters

http://www.youtube.com/watch?v=8775ZmNGFY8

Occupy Bloomberg Mansion; Fake Mayor Spokeswoman Fools Stupid Press

http://www.nypost.com/p/news/local/manhattan/press_fooled_by_fake_flack_...

VIDEO: Thrown Under The Bus; Forget That Second Term

http://www.youtube.com/watch?v=pB4b11_LREA

"Scientists"; Global Warming Will Put Manhattan Under Water; Carbon Taxes Will Save It

http://www.nydailynews.com/news/global-warming-open-floodgates-york-city...

"Experts"; Global Warming Will Put Miami Beach Under Water; Carbon Taxes Will Save It

http://www.sun-sentinel.com/news/palm-beach/fl-climate-impacts-20111119,...

Children In Foster Homes Forced To Become Seroquel Zombies

http://www.nytimes.com/2011/11/21/health/research/study-finds-foster-chi...

More Businesses Use iPhone Than Blackberry

http://www.dailymail.co.uk/news/article-2063701/Business-leaders-switch-...

Chinese Citizens Give Middle Finger To Government Over Nude Pics On Internet

http://shanghaiist.com/2011/11/20/ai-weiwei-nude-pictures.php#photo-5

Adele's "21" Wins Album Of The Year At AMA

http://www.bbc.co.uk/news/entertainment-arts-15815917

FLASHBACK: VIDEO: Adele Live - Rolling In The Deep

http://www.youtube.com/watch?v=FiMK9e0h6YE

Mon, 11/21/2011 - 13:28 | 1899115 sqz
sqz's picture

How many sovereign CDS use the Standard North American Corporate (SNAC) or Standard European Corporate (STEC) protocol?

I'm guessing that number is negligible or zero.

Mon, 11/21/2011 - 11:38 | 1898571 GMadScientist
GMadScientist's picture

I guarantee you ZIRP has postponed my first home purchase indefinitely. With no rate risk and prices dropping...why buy now?

Mon, 11/21/2011 - 12:15 | 1898719 Village Smithy
Village Smithy's picture

And at the other end of the age spectrum I gaurantee you that ZIRP has hastened my last home sale, and many of my friends, because we are running out of cash.

Mon, 11/21/2011 - 11:43 | 1898583 bania
bania's picture

what's the over/under on the Deer in Headlights graphic today?

Mon, 11/21/2011 - 12:18 | 1898734 oogs66
oogs66's picture

high - though deer in headlights might be getting too pleasant of an image

Mon, 11/21/2011 - 11:47 | 1898599 El Viejo
El Viejo's picture

What about K Mart ?  They're like a rubber ball. They have bounced a few times since 1966.

 

Mon, 11/21/2011 - 12:46 | 1898926 slewie the pi-rat
slewie the pi-rat's picture

zirpity doo dah,

zirpity yay...

Fri, 02/10/2012 - 05:00 | 2144980 kevin22
kevin22's picture

At images franchise you can learn on how to make the right franchise decision, how to identify the right franchise opportunity that can make you a successful business owner.

Buy Franchise

franchise reports

franchise consultants

best franchise

Do NOT follow this link or you will be banned from the site!