• Michael A. Gayed, CFA
    Nice credit spread contraction today with JNK up and TLT down.
    Reply (2)
    • *Hysteria: Come on Mike you are smarter than to know mvemnts in etfs have nothing to do with what credit spreads are doing, they areunchnged last 2 dys
    • Michael A. Gayed, CFA: Movement in ETFs are a reflection of underlying indices, which themselves are a reflection of various areas of the bond market.
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