Prieur’s readings

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This post provides links to some interesting articles I have read over the past few days that you may also enjoy. […]






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High-yield spreads heading south

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The spread on high-yield bonds have been declining consistently over the past few months and have now reached the lowest level since September last year. However, spreads still have a way to go before reaching pre-crisis levels and investor confidence returning to more “normal” levels. […]






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Why are other yields falling as Treasury yields rise?

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“There is a lot in the press these days about how the recent rise in Treasury bond yields has the potential to abort a nascent economic recovery. To this I say, nonsense!,” said Paul Kasriel in this short guest contribution. […]






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Human face of a “lagging economic indicator”

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The unemployment rate is a lagging indicator, they say … […]






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