Replies to post #146769 on Biotech Values

[BTH]

I wonder if EXEL thought they were getting a good deal on their debt and then realized they were C rated and would be getting a 15% coupon.

[jbog]

Bond bubble continues—

On the other hand, I think the real bubble is in the equity markets. The main reason the markets are sitting at all time highs rests solely on the hope that the worlds central bankers will keep the stimulus faucets flowing.