“All of it is in the gutter.”
“We are looking at real carnage….”
This trade has become blood-soaked.
The toxic miasma of “distressed debt.”
And Bond Investors Are Getting Nervous.
Wall Street engineering at its best. Investors now get their hands burned off.
“Maybe this isn’t a great indication of the state of the economy.”
Acrid Smell of Burned Fingers Wafts through the Bond Market.