A 15 to 20 basis point move in spreads shows investors were still waiting for something new. |
Having several governors from each of our different partners united in a single trust will greatly simplify and speed up the decision-making process. As a result, the school will be more responsive to any new opportunities. We are all ready to put this to public consultation as soon as the bill gets the green light. |
I don't see much risk of a blow out in financial credit spreads any time soon. The balance of risk favors some widening but I expect only slight moderation in 2006. |
It is a negatively developing story. When a company cuts its dividend, that screams 'run away from this credit. |
It is a transitional name with a lot of support behind its plan. |
Sentiment is somewhat ingrained now regarding bird flu, but there is not a sea change taking place. People suspect there are risks on the horizon but not so material just yet. |
The price action was incredible. A move like that leads me to believe that something is circulating. Something is known. |
The tech sector should provide a nice hedge from broad-based (outward) spread pressure in 2006, especially in cyclical areas. |
Why an arbitrary figure of 30 days? The US Government has long accepted it only takes one day to be exposed to Agent Orange. |
You have to assume there will be more deals. That certainly would be a positive for credit quality in the equipment space. |