Dilip Parameswaran
Dilip Parameswaran
chasing money
There's a lot of money chasing these (Asian) high-yield bonds, but we think it's temporary.
bit follows including indonesia sovereigns
The 30-year is a bit of a surprise, but it follows the other sovereigns that have managed 30 years in Asia, including Indonesia recently.
growth optimism
The optimism is overdone, and there's going to be a correction. Growth is going to slow.
basis believe credit high six sliding worth
For 110 basis points, we believe it's not worth getting into high yield. On average, you're sliding six notches in the credit rating.
cars good mean necessary skills
What I mean by that is that they have all the necessary skills to come up with good cars and good price.
bit heading investors sure tight tired treasury yields
Investors are also getting a bit tired of these tight spreads and they are not sure if they should invest at those spreads, particularly with the Treasury yields heading up.