Home > Interest Rates
Video: Bond Issuers Aiming Toward Debt Man's Curve
 |
 |
By Jason Lureman
Thu, 09 Sep 2010 15:00:00 ET |
|
 |
They say a picture is worth a thousand words, so a chart as startlingly clear as our Debt Man's Curve must be worth 10,000 words. EWI analyst Jason Farkas first created and wrote about this parabola that displays different risk levels of bonds in late July 2010. Specifically, the chart plots sovereign, municipal and corporate issuers on the same spectrum. The resulting sharp curve up makes it easier to see why we think that bond issuers are flirting with a bad crash the same way the driver does in Jan and Dean's hit song from the 1960s, "Dead Man's Curve."
Tags: