All CMBX Except AAA at All Time Highs Today [Credit] - MarketTicker Forums


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User Info	All CMBX Except AAA at All Time Highs Today in forum [Credit]
Widgeon Posts: 13481 Incept: 2007-08-30 Region formerly known as the United States	AA (all lower indices look the same) http://www.markit.com/information/produc.... AAA (still supported by the Fed/Treas) http://www.markit.com/information/produc.... 2009-04-07 19:34:03 Permalink
Genesis Posts: 130678 Incept: 2007-06-26	BOOOOOOOOOOOOOM ---------- I don't care* if it makes sense -- only if it makes money. -- Me* Bank (n): See scam, fraud and theft. *Eat a bankster -- they're low-carb.* *What part of "shall not be infringed" was unclear?* 2009-04-07 19:34:42 Permalink
Phirang Posts: 10157 Incept: 2008-10-25 Flogging a "little person"	THAT'S WHY P&C is raising rates! lmao ---------- I'm not special, and I am not likely to accomplish anything extraordinary in my life. If you are reading this comment, the case is most likely that neither will you. http://www.cracked.com/article_18544_how-the-karate-kid-ruined-modern-world.html 2009-04-07 19:40:49 Permalink
Widgeon Posts: 13481 Incept: 2007-08-30 Region formerly known as the United States	Still going ... AA and lower is really spiking. AAA is moving back upwards quite rapidly also. 2009-04-14 20:59:54 Permalink
Laswyguy Posts: 8326 Incept: 2007-07-25 Orange County, CA	BBB,s 7000 over T's? is that basis points, am I reading that right? ---------- positive alpha - bitches! 2009-04-14 22:38:09 Permalink
Genesis Posts: 130678 Incept: 2007-06-26	That would be basis points, yes. ---------- I don't care* if it makes sense -- only if it makes money. -- Me* Bank (n): See scam, fraud and theft. *Eat a bankster -- they're low-carb.* *What part of "shall not be infringed" was unclear?* 2009-04-14 22:45:05 Permalink
Raster Posts: 2164 Incept: 2007-08-16 Rar!	ahh poop. ---------- "Bah something 'sploded" - King Karl, Circa November 8, 2010 CE Last modified: 2009-04-14 22:47:25 by raster 2009-04-14 22:46:40 Permalink
Pooslinger Posts: 4378 Incept: 2007-11-06 Illinois Online	2009-04-15 00:08:39 Permalink
Phirang Posts: 10157 Incept: 2008-10-25 Flogging a "little person"	buu buuu booooyah! ---------- I'm not special, and I am not likely to accomplish anything extraordinary in my life. If you are reading this comment, the case is most likely that neither will you. http://www.cracked.com/article_18544_how-the-karate-kid-ruined-modern-world.html 2009-04-15 00:50:05 Permalink
Laswyguy Posts: 8326 Incept: 2007-07-25 Orange County, CA	Bu ***ing ya is right! Ok back the envenlope math - If investors want 6895 over T's implies BBB's bid .0345/100 at par at 5% coupon. So 3 cents to par for BBB's. So AAA's range from 444-598 over T's.. coupon .1 to .35. So bid 20 to 27 cents to par for AAA's from Markit. Sounds about right, but impossible to tell what's in those tranches. I would guess that bids for whole loans aren't close to being that low, but who knows. ---------- positive alpha - bitches! 2009-04-15 01:42:05 Permalink*
Psgirl Posts: 6039 Incept: 2009-02-18 Banned	Can someone dumb this down for me? 2009-04-15 06:48:50 Permalink
Zappafan Posts: 1789 Incept: 2007-11-30 Atlanta	Commercial real estate is toast. The recent rally in IYR was likely the mother of all head fakes. ---------- The alternative to not borrowing from a counterfeiting cartel is to be priced out by those who do 2009-04-15 06:55:33 Permalink
Phirang Posts: 10157 Incept: 2008-10-25 Flogging a "little person"	WHAT THE ** IS UP WITH MARKIT?!! ACcording to the data there, we're TOTALLY *ed, yet the equities and even IG11 tighten? Huh??! Is MarkIt reliable anymore? ---------- I'm not special, and I am not likely to accomplish anything extraordinary in my life. If you are reading this comment, the case is most likely that neither will you. http://www.cracked.com/article_18544_how-the-karate-kid-ruined-modern-world.html 2009-04-15 20:39:44 Permalink*
Cubguy99 Posts: 1519 Incept: 2007-07-24	I think these markit indices are one of the best indicators out there of where we are headed. The ABX indicies tanked hard during the previous rally and ended up giving an accurate signal that we were heading to new lows. The lack of a bounce in CMBX and ABX shows what the market really thinks of Geithner's PPIP. Epic FAIL. ---------- Nothing could have been more ingeniously designed to maximize the suffering, and also to insure that as few as possible escaped the common misfortune. -John Kenneth Galbraith commenting on the behavior of the stock market during the Great Depression Last modified: 2009-04-15 21:36:20 by cubguy99 2009-04-15 21:35:24 Permalink
Phirang Posts: 10157 Incept: 2008-10-25 Flogging a "little person"	Well there's a divergence between IG and ABX/CMBX emerging. Any credit whiz care to delve into this? ---------- I'm not special, and I am not likely to accomplish anything extraordinary in my life. If you are reading this comment, the case is most likely that neither will you. http://www.cracked.com/article_18544_how-the-karate-kid-ruined-modern-world.html 2009-04-15 21:47:53 Permalink
Priceless Posts: 95 Incept: 2008-02-26 Thousand Oaks, CA	IF CRE is a bust, then wouldn't SRS be a buy at this level ($26'ish). What am I missing? Thoughts? 2009-04-17 14:34:43 Permalink
Adarak Posts: 5465 Incept: 2007-07-19	thats PRICELESS! What you're missing is the 'search' feature of the forum... or you're missing about 50% of your nut if you used the same logic when it was at $52! Last modified: 2009-04-17 16:36:19 by adarak 2009-04-17 16:35:28 Permalink