RE:RE:RE:RE:Next OPEC meeting may erase gains...The quicker the better...yields have been ticking up quite rapidly since the end of January due to inflation expectations.
Powell's Congressional testimony and his emphasis that the fed intends to keep rates low and that inflation is under control, seems to have put a lid on the rise in yields, atleast temporarily, which has calmed the market. However, the sooner the debt can be rolled, the better.
fellowship wrote: Mtklip wrote:
Are they locking in these high prices for the year? Anybody know what the strategy would be?
Strategy right now needs to be about cash flow and revenue in order to secure cheapest refinance. Debt is still cheap so we might get a surprise before yearend.