Nothing special about 175. It's just that after stagnating for a while, spreads are going up again. As a comparison, let's say that in the 98 crisis, that spread climbed quickly from around 75 to around 125 BP. This is supposed to indicate a lack of confidence in the big US coporations or a "flight to quality". Interestingly, the TED spread is low. This is supposed to indicate confidence in the banks. Maybe it's the effect of the current strenght of the dollar (and of treasuries). Anyone has any comment? _______________________________________________ Crashlist resources: http://website.lineone.net/~resource_base To change your options or unsubscribe go to: http://lists.wwpublish.com/mailman/listinfo/crashlist
