Alarm! Distressed Bonds Versus Mortgage Delinquencies (And FHFA Director Mel Watt)

(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

wallstreetexaminer.com / by Anthony B. Sanders • February 18, 2016

Alarm!

The TRACE number of distressed issuers traded is at the highest level since the financial crisis. On the other hand, the Mortgage Bankers Association just reported that Q4 2015 mortgage delinquencies since 2007.

Of course, The Fed’s ZIRP and QE strategies have helped push interest rates so low that corporations find it feasible to issue debt in large amounts, often to just repurchase (or buy back) outstanding shares of their stock.

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Thanks to BrotherJohnF

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