TEK2day

TEK2day

High Yield Spreads Say Financial Conditions Are Easy

Jonathan Maietta's avatar
Jonathan Maietta
Dec 09, 2024
∙ Paid
2
Share

How can one argue that financial conditions are tight when high yield spreads are as tight as they were in 2007?

  • Liquidity is plentiful, speculative mania is alive and well (when you have grocery cle…

Keep reading with a 7-day free trial

Subscribe to TEK2day to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 TEK2day Holdings
Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture