I'm actually trying to understand here, что William Dudley (NY FED) thinking about QE2. but since such a drunkenness is already driving me in dansk, then I will present a short thought about, what happens in debt markets of questionable quality. this is about Mexico, and about junk and about EM.
что происходит сейчас, отлично описывает всего один schedule – JNK US (ETF).
from the title it is easy to guess what it is about.
I don't think, what to short. I think, what you don't need to buy.
as well as with treasuries recently.
but my opinion about Ukrainian bonds has not changed since March,
winter will be weak, volatile and fun.
