- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Experienced Corporate Bond traders opinions wanted
Posted on 3/1/23 at 3:26 pm
Posted on 3/1/23 at 3:26 pm
Credit Suisse Ag Bonds. I now they had big cash outflows last year but I don't know the current status. Also I saw where they cut a lot of their workforce late last fall. The new issues and existing are rated A2 and 3/A-. The rating agencies don't appear new as concerned as the market. Where is the best place to get bond news? I've traded all kinds of bonds over the year's but I'm trying to expand my reach and seeking help and information. Lately I've been buying short treasuries and corporates of companies I'm comfortable with. I appreciate this board. Thanks.
1
Posted on 3/1/23 at 7:44 pm to bovine1
If you’re going to dabble in CS bonds, stay on the short end to give yourself a little more confidence.
That being said, owning bonds for equity like returns that are possible in some of these CS bonds seems like a bad idea when you can just own a broad basket of equities that have similar possible risk.
That being said, owning bonds for equity like returns that are possible in some of these CS bonds seems like a bad idea when you can just own a broad basket of equities that have similar possible risk.
Posted on 3/1/23 at 8:13 pm to slackster
I don't understand why they're still rated so high. The market is discounting them severely within their grade. Why are they still investment grade if there is that much risk?
Posted on 3/2/23 at 6:21 am to bovine1
They’ve been downgraded by all 3 I believe, but dropping them to junk bond status would effectively seal the fate of CS. All 3 agencies seem to be cognizant of that fact.
I’d listen to the market more than the ratings agencies on this one, but if you’re looking to make a somewhat speculative bet, I agree that their debt is intriguing.
I’d listen to the market more than the ratings agencies on this one, but if you’re looking to make a somewhat speculative bet, I agree that their debt is intriguing.
Posted on 3/2/23 at 3:23 pm to slackster
No I was just interested in them. I'd had to have more than a 1.7% yield kicker over TBills to be real interested. I've been watching them since last fall and they're holding their on mostly since then. I bought 3 of the CS London 2 year yielding 7.20% in Jan but nothing since. The 2 year current new issue CS New York are offered at 6.75%. I'm just gonna watch for now.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News