File under junk-bond potholes: Even as risky debt keeps generally rallying, borrowing costs of specific companies can spike overnight. Case in point: Intelsat is seeing its CCC rated bonds plummet, with implied yields on these notes surging to 19.9% from 13.2% last week. pic.twitter.com/sDoqiUNia6
— Lisa Abramowicz (@lisaabramowicz1) November 13, 2019
#Corporate #Profits vs Corporate #Debt
Point of departure 2012
If you are a PhD economist or IYI, please don't tweet me telling me how I didn't normailze this or log-scale that. I think we've had enough of your gibberish. Your intellect is getting in the way of your common sense. pic.twitter.com/MAIJNnsbKv— Jack (@JackPScott) November 12, 2019
https://twitter.com/NorthmanTrader/status/1194354720363683847