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S&P 500
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irishintelligence

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irishintelligence

Re: DennyCrane550 post# 7981

Thursday, 04/06/2017 9:59:22 AM

Thursday, April 06, 2017 9:59:22 AM

Post# of 11618
The 5s, the 5% notes, have a bid of $101 and an ask of $103? Above par because of accrued interest?

The 6s, the 6% notes, have a bid of $93 and an ask of $96? Almost at par?


The market clearly believes that a) these notes are going to be paid and b) the 5% notes are getting paid first.


This is amazing. I remember when these were available in the low 40s. "I remember when..." LOL

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