(Bloomberg) Fifty cents on the dollar is a very low price in the world of bonds. In most cases, it signals that investors believe the seller of the debt is in such financial distress that it could default.Most Read from BloombergHow Auto Executives Misread the UAW Ahead of Historic StrikeVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingXi’s Missing Defense Chief Opens Door for US Military TalksTrillion-Dollar Industry Powering Chicago at Risk of LeavingUS Seeks Help Findin
Sub-50 Cent Price on Treasury Bond Underscores Investor Pain bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Apr 25, 2023 – Bilal Hafeez, CEO of Macro Hive, says the US stock market’s resilience in the face of ongoing economic weakness shows that investors are still not worried about an imminent recession,