by
Nico Isaac
8/5/2008 3:45:00 PM
Anxiety is to a rising market what a flaming torch is to a hot-air balloon. And, as one of the most reliable measures of collective investor emotion, the record widening of the Junk-to-Treasury Yield Spread over the last year shows exactly why the finanical sector has gone "Pop!"
Filed Under:
bond market, Yield spread, Junk-to-Treasury yield spread, 10-year Treasury bond, Federal Housing Administration
Category:
Economy
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by
Nico Isaac
6/6/2008 3:45:00 PM
When it comes to the world of finance, FEAR is to a rising market what a hot flame is to an air-filled balloon. The challenge comes in knowing beforehand when things are about to go “POP!” In our experience, one of the most reliable measures of collective investor emotion is the Junk-to-Treasury Yield Spread, or difference between low grade and high-grade debt.
Filed Under:
Yield spread, junk-to-treasury spread, dow jones industrial average, tighter lending standards, Federal Housing Administration, consumer spending
Category:
Economy
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