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DuckConference 4 hours ago

> has now widened from the initial +175bps to a whopping +231bps doing more than two-thirds of the work.

2.31% spread over treasuries is heading for junk bond status?

beaviskhan 4 hours ago | parent | next [-]

It's a lot closer to junk (approx 2.7%) than it is to investment grade (approx 0.8%):

https://www.macrotrends.net/3006/high-yield-spread

https://www.macrotrends.net/3042/us-corporate-bond-spread

tyre 4 hours ago | parent | prev | next [-]

No, but the fact that they're the worst-performing BBB bonds, the company is burning cash, and the equity being down 38% since its peak after 1 month of trading is indicative of the market's…suspicions.

We'll see what ratings agencies think of the health of the company.

kQq9oHeAz6wLLS 4 hours ago | parent | prev [-]

[flagged]

lmohseni 4 hours ago | parent [-]

[flagged]

marcusverus 3 hours ago | parent [-]

If these figure represent actual deaths (big if), those people will have died because literally nobody on earth was willing to pay to keep them alive--yourself included.

macintux 3 hours ago | parent | next [-]

If a pillar is removed from a building with no warning, no one would claim that its collapse was from the unwillingness of anyone else to put a new one in place.

If DOGE had announced a 2-year phaseout of humanitarian aid, governments and NGOs might have had time to fill the gap. Doing so arbitrarily and abruptly was simply cruel.

rightbyte 3 hours ago | parent | prev | next [-]

A gigantic rug pull of bread and medicine is really not where we should blame the poor.

evantbyrne 3 hours ago | parent | prev | next [-]

Not everyone is looking to save a buck at anyone's expense. Don't ever make the mistake of thinking we're the same.

3 hours ago | parent | prev | next [-]
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lmohseni 3 hours ago | parent | prev [-]

But wait, I do pay taxes? By you logic, no policy choice can ever cause harm because the responsibility is always redistributable to several billion bystanders. Pretty convenient!