Latest News:

Citi prices manager's second CLO in two months
Credit Suisse wins in latest Maiden Lane III CDO auction
Investor flight to safety sees Germany place zero-coupon debt
CLO fund books a gain after trading out of a 2007 mezzanine CLO
Goldman secondary CLO trader recommends play on prepayments
Yankee financial bonds outperform in US trading
Secondary investor trades out of CLO single-As in reinvesting deals
Fiat goes wider on talk of possible link-up with struggling Japanese firm
Isda nods through rapid auction process for publishing company
Tax rule could increase value of CLO debt, says Wells Fargo
Fitch sees LTRO 3 as increasingly likely
Credit market snapshot: credit tightens on low volumes
Fitch downgrades Japan
Garrison refinances 2010 CLO into a new deal
Buy-side distressed debt specialist jumps to rival hedge fund
Award winning CLO manager markets a new CLO
Growing pipeline gives investors more pricing leverage, says RBS
Spanish CDS tightens despite bond yield rise
Tranches regain ground as jump bets subside
Autos move tighter as market sentiment turns more bullish

Apply for a 30-day trial

news, comment, analysis and data on the global business of credit trading and investing

Newsletter |
Events |
Resources

FAQs |
Glossary |
About Us |
RSS

Home
Trading
Funds
Structured
Issuers
Data

You are here: Home » Newsletter

Creditflux Newsletter

March 2011

see other issues...

Top Story

Fishknife - Buy now: there’s another idiot around the corner

It may be the bravest credit trading recommendation since the crisis. On 18 February, Barclays Capital analysts suggested that European high yield bond investors looking to outperform should buy bonds issued by some of the least creditworthy borrowers in Europe. They were not suggesting a distressed play. The days of “buy this…