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▲ topspin 3 hours ago

> This doesn't seem like a story at all given how robust this debt is trading.

That directly contradicts specific points made in the story, about specific Tier 1 banks and specific amounts of debt not finding buyers. And the amount cited isn't all that great, given the overall equity in play.

> Nothing out of hte[sic] ordinary here

Matthew Moniot, Man Group: "the deal sizes involved are 'out of scale to anything we've thought about, ever.'"

Hard to compare your model with his, since he doesn't have one. When quotes from named credit risk guys from named finance organizations sound like angsty Gen Z, it's not ordinary.

In any case, the story is covering something significant. There is an important test occurring, and we're all going to learn the results, sooner or later. It could all turn out fine, but I don't know. I don't believe you really know either.

▲chollida1 2 hours ago | parent [-]

Well I'd agree the size of these deals are far larger than any debt deals I can remember in the past 10 years.

But that has nothing to do with the scare tactic headline that says banks are trying tot offload debt. As I said this is exactly how banks work and how they treat all debt they underwrite.