Originations: Justification For Low Rates
Today’s Originations linkfest is just three links because they’re longer reads, but very important market insights. The theme: market jitters are justified and high bond prices (and low rates that result) are warranted for now.
-Equity Buys & Bond Sells Ready. But We’re Not There Yet (MichaelAshton)
-What Would It Take To Save Europe (BaselineScenario)
-The End of The Fake Recovery (CreditWritedowns)