I like that corporate balance sheets sit very comfortably. The ratio of liquid assets to short term liabilities was never higher going back even to the fifties. Today, BB credits float debentures yielding under 5%. Despite some snap back in long Treasuries, yield starvation hangs in the air.
I like that corporate balance sheets sit very comfortably. The ratio of liquid assets to short term liabilities was never higher going back even to the fifties. Today, BB credits float debentures yielding under 5%. Despite some snap back in long Treasuries, yield starvation hangs in the air.
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