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Credit Spreads to Widen???

|Includes: The Blackstone Group L.P. (BX)

If I recall correctly, Blackstone managed to issue their equity IPO in 2007 much closer to the top of the market than a bottom.  Today they issued their first corporate bond, $600MM of a ten year.  Just wondering if that could portend an end to recent credit spread tightening, or maybe a meaningful leg wider in spreads???  Disclosure:  no position.