What a mess. Have friends in the high yield side doing dulcolax and peptoat the same time. Spreads for distressed debt through the roof. Have not researched the quality debt side, but I assume isnot pretty either. PE firms looking for debt to finance them LBO's are in deepcaca. Inflation is there, and it is hard to get credit.Are we brewing the perfect storm here? If interest rates goup, they will only complicate the situation.Checking on crossovers with strong cash flow. Those are thebonds we want.OTTG
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