50ptMAE(@50ptMAE):Paramount/Oracle are trading wide because of idiosyncratic risk. The credit both ORCL and PSKY are essentially backed by the price of ORCL equity, which has been very volatile lately. Has nothing to do with broader macro.

2026.10.07 22:18

Paramount/Oracle are trading wide because of idiosyncratic risk. The credit both ORCL and PSKY are essentially backed by the price of ORCL equity, which has been very volatile lately. Has nothing to do with broader macro.

50ptMAE@50ptMAE

2026.10.07 22:17

Alot of fear mongering on HY lately, its mostly accounts reposting what other people post without really understanding it. HY spreads are now about 300. Record tights in the past decade were about 230. Credit spreads are still extremely tight and speak to how strong growth is and how easy it is to access capital.