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> has now widened from the initial +175bps to a whopping +231bps doing more than two-thirds of the work. 2.31% spread over treasuries is heading for junk bond

> has now widened from the initial +175bps to a whopping +231bps doing more than two-thirds of the work. 2.31% spread over treasuries is heading for junk bond status?

kQq9oHeAz6wLLS 2mo ago
[flagged]
- lmohseni 2mo ago
  [flagged]
  - marcusverus 2mo ago
    If these figure represent actual deaths (big if), those people will have died because literally nobody on earth was willing to pay to keep them alive--yourself included.
    - macintux 2mo ago
      If a pillar is removed from a building with no warning, no one would claim that its collapse was from the unwillingness of anyone else to put a new one in place. If DOGE had announced a 2-year phaseout of humanitarian aid, governments and NGOs might have had time to fill the gap. Doing so arbitrarily and abruptly was simply cruel.
    - rightbyte 2mo ago
      A gigantic rug pull of bread and medicine is really not where we should blame the poor.
    - deleted 2mo ago
      [deleted]
    - lmohseni 2mo ago
      But wait, I do pay taxes? By you logic, no policy choice can ever cause harm because the responsibility is always redistributable to several billion bystanders. Pretty convenient!
    - evantbyrne 2mo ago
      Not everyone is looking to save a buck at anyone's expense. Don't ever make the mistake of thinking we're the same.
      - marcusverus 2mo ago
        We both know you haven't lifted a finger to help these people. You're not interested in actually saving lives, just that sweet righteous indignation (after all, it's free!)
        evantbyrne 2mo ago
        I've been pursuing the public good my entire career, including making major career moves to improve the developing world. You've crafted a delusion to justify your clearly antisocial behavior. You have no right dictating to people that they need to do x, y, and z to have genuine ethics when you are stumping to increase child mortality in Africa. Good day to you sir!
tyre 2mo ago
No, but the fact that they're the worst-performing BBB bonds, the company is burning cash, and the equity being down 38% since its peak after 1 month of trading is indicative of the market's…suspicions. We'll see what ratings agencies think of the health of the company.
beaviskhan 2mo ago
It's a lot closer to junk (approx 2.7%) than it is to investment grade (approx 0.8%): https://www.macrotrends.net/3006/high-yield-spread https://www.macrotrends.net/3006/high-yield-spread https://www.macrotrends.net/3042/us-corporate-bond-spread https://www.macrotrends.net/3042/us-corporate-bond-spread

> has now widened from the initial +175bps to a whopping +231bps doing more than two-thirds of the work. 2.31% spread over treasuries is heading for junk bond status?

kQq9oHeAz6wLLS 2mo ago

[flagged]

lmohseni 2mo ago
[flagged]
- marcusverus 2mo ago
  If these figure represent actual deaths (big if), those people will have died because literally nobody on earth was willing to pay to keep them alive--yourself included.
  - macintux 2mo ago
    If a pillar is removed from a building with no warning, no one would claim that its collapse was from the unwillingness of anyone else to put a new one in place. If DOGE had announced a 2-year phaseout of humanitarian aid, governments and NGOs might have had time to fill the gap. Doing so arbitrarily and abruptly was simply cruel.
  - rightbyte 2mo ago
    A gigantic rug pull of bread and medicine is really not where we should blame the poor.
  - deleted 2mo ago
    [deleted]
  - lmohseni 2mo ago
    But wait, I do pay taxes? By you logic, no policy choice can ever cause harm because the responsibility is always redistributable to several billion bystanders. Pretty convenient!
  - evantbyrne 2mo ago
    Not everyone is looking to save a buck at anyone's expense. Don't ever make the mistake of thinking we're the same.
    - marcusverus 2mo ago
      We both know you haven't lifted a finger to help these people. You're not interested in actually saving lives, just that sweet righteous indignation (after all, it's free!)
      - evantbyrne 2mo ago
        I've been pursuing the public good my entire career, including making major career moves to improve the developing world. You've crafted a delusion to justify your clearly antisocial behavior. You have no right dictating to people that they need to do x, y, and z to have genuine ethics when you are stumping to increase child mortality in Africa. Good day to you sir!

tyre 2mo ago

No, but the fact that they're the worst-performing BBB bonds, the company is burning cash, and the equity being down 38% since its peak after 1 month of trading is indicative of the market's…suspicions. We'll see what ratings agencies think of the health of the company.

beaviskhan 2mo ago

It's a lot closer to junk (approx 2.7%) than it is to investment grade (approx 0.8%): https://www.macrotrends.net/3006/high-yield-spread https://www.macrotrends.net/3006/high-yield-spread https://www.macrotrends.net/3042/us-corporate-bond-spread https://www.macrotrends.net/3042/us-corporate-bond-spread