Credit Spreads Becoming Dramatic - Fed Controls Can’t Control Credit Spreads
Talk Digital Network AUDIO INTERVIEW of BOB HOYE
Snippet from Pivotal Events, September 29, 2015
- The simple view is that the trend of rising yields has accomplished the second breakout from a cyclical low.
- This could be equivalent to the second breakout accomplished at 9.22% on November 16, 2007. Some three weeks after the high for the S&P.
- This breakout was set at 7.71% on Friday. It is now at 7.98%.
- The high on the last crisis was 23.26% set on December 15, 2008.
InstitutionalAdvisors.com FREE TRIAL HERE