Congrats @federalreserve you’ve made recklessness great again. https://t.co/FCVe3xyReu
— Sven Henrich (@NorthmanTrader) December 4, 2020
“Money is now so easy, why not borrow what you can and put it into stocks? That’s what our customers are doing, and they’re making helluva lot of money.” https://t.co/iJfPXfqFss
— Lisa Abramowicz (@lisaabramowicz1) December 4, 2020
US junk bond yields drop to All-time lows as yield hunting credit investors are piling into riskier assets amid hopes that coronavirus vaccine will boost econ. Avg yield on corp bonds rated below investment grade hit 4.45%, down from 5.52% 1mth ago & 2020 peak of 11.69% (via BBG) pic.twitter.com/kEdwxNoiby
— Holger Zschaepitz (@Schuldensuehner) December 4, 2020
This must end well. Have you ever thought why they are called 'junk'?
U.S. junk bond yields hit record low for second time this year as investors are pouring into risky debt in relentless yield hunt#US #bondshttps://t.co/3pngubJx5M pic.twitter.com/BpLxuPOxa3
— GnS Economics (@GnSEconomics) December 4, 2020
LMAO….the market is actually thinking the #Fed might hike rakes in 2-years. Last time it took them nearly a decade. pic.twitter.com/Qp2ZWML6We
— Lance Roberts (@LanceRoberts) December 4, 2020
Yet another record low for 30y mortgage rates; now at 2.71% @FreddieMac pic.twitter.com/KYWoPJwj3S
— Liz Ann Sonders (@LizAnnSonders) December 4, 2020
Capital flows to emerging markets are huge, what we're calling a "Wall of Money" to EM, and currencies are rising rapidly. So it's important to remember that Brazil's Real (blue) & Turkish Lira (red) are still very depressed, even with the recent recovery. Lots of room to go… pic.twitter.com/9k5XDRLn9Q
— Robin Brooks (@RobinBrooksIIF) December 4, 2020
USD: investors are now for the 1st time happily paying for the privilege of lending money to corporate in the US in real term, chart @NordeaMarkets pic.twitter.com/aalLzIuU4b
— ACEMAXX ANALYTICS (@acemaxx) December 4, 2020