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"View the 'fruit' debt the way we used to view IBM issues ... perfectly timed in retrospect,"...

"View the 'fruit' debt the way we used to view IBM issues ... perfectly timed in retrospect," says Kevin Ferry, tweeting about Apple's prospective debt offering. Back in the day when rates actually fluctuated, IBM had a remarkable knack for issuing at the cycle lows in yield. The 10-year Treasury yield hits another YTD low, -2 bps to 1.65%. TLT +0.4% premarket.
Comments (1)
  • CAT, Dell all of em have been borrowing cash to buyback shares and increase dividend. Why debt to cash ratio is highest in 50 yrs for corporate America
    30 Apr 2013, 09:47 AM Reply Like
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