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DennyCrane550

07/28/14 10:28 AM

#3654 RE: Lowhndcpr #3653

Lowhandicapper-

Yeah, I too don't understand this day by day decline.

PR bonds have recently relief rallied (though today main benchmark GOs off a bit from recent highs of 90 to around 88.25 http://emma.msrb.org/SecurityDetails/TradeActivity/A3D0CE166B87A6DC0C8739309AD0E8522
) and Detroit damage priced in/already 105m reserved.

Will try to do a write up tonight when i have some time to respond to Brandemarcus