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WeWork's Bond Prices are falling rapidly.These are the only financial instruments that measure market appetite. Someone thinks they might not be paying back the
by jchallis 7y ago
WeWork's Bond Prices are falling rapidly.These are the only financial instruments that measure market appetite. Someone thinks they might not be paying back the money they are borrowing.
https://www.reuters.com/article/us-wework-ipo-debt/wework-bond-prices-falls-after-softbank-questions-ceo-marketaxess-idUSKBN1W81J0 https://www.reuters.com/article/us-wework-ipo-debt/wework-bo...
- freddie_mercury 7y agoYou added the editorial "rapidly", which doesn't appear anywhere in the article linked because the fall isn't rapid. It fell 1.1%, which is not rapid, especially for something that was already rated a junk bond. And without any data on the bond's previous price volatility it isn't impossible to say whether 1.1% is worse than it had, say, the week before.