brewer12345
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 6, 2003
- Messages
- 18,085
I have seen a shocking tendency toward the excesses of the credit bubble happening already. There has been massive issuance of both investment grade and junk bonds, bonds issued expressly to fund sponsor dividends, PIK/toggle issuance, etc. But what eally makes it start to look iffy is something really simple. I have started getting "server too busy" messages from the TRACE service website at Corporate Market At-A-Glance A year ago when you could not give good quality corporates away and I was buying 5 year stuff at double digit yields, the website was really fast and easy.