Josh Man
@JoshMandell6
Salomon Brothers 90-98
Bond Portfolio Analysis
Government Desk - Long Bond Trader
Derivatives - Short-Dated Options Trading (Head)
Caxton Assoc Hedge Fund
Joined January 2021
1.5K Following 146K Followers
Bitcoin has dropped roughly $10,000 since $SATS started trading last month. The fact that this fixed-rate preferred remains well above its IPO price suggests that distribution is reaching investors who specifically seek high yield and are not motivated to sell merely to purchase Bitcoin at the now-lower price. It's working.
Show more
