Credit spreads all time tight. Stock multiples all time high. Unemployment around 50 year lows and going down. Inflation stuck way above target and going up The Fed sees this and says time to cut rates. Trump sees this and says the Fed needs to cut more
Lisa Abramowicz
Lisa Abramowicz28.7. klo 16.58
Spreads on IG corporate bonds are near the tightest levels since the late 1990s. "The theoretical minimum spread is lower today. High-quality corporate credit can now trade closer to, or in some cases even through, US Treasuries in a way that was not previously conceivable:" Citi
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