maxinblack
Forumer storico
Thanks a lot for your investment perspective and the whole lot of your suggestions, some of which where new to me!
I will continue to seek fixed-coupon hybrids for the next month to come and will switch if rate-hikes seem more likely.
Greetings!
Your opinion is logical right and rationale, it is too early with economical situation to take a position on the IRS.
But I think the market is not rational, look at the stock market is any rationale behind these price increase?, null
The "Big Boys" with all the money they received from the central banks are already positioning on the IRS perpetual for the time to come.
I think the big investors always try to beat the market in advance.
I will try to send you my portfolio for you to check the performance of some IRS taken this summer some of them are stunning.
And now at beginning of the year this "joke" is repeating itself.
Some, better say few of this emissions are still at a bargain price, when you will decide to swithc from fix to variable it may be to late.
On the other hand what has remained of interesting on the fix rate? The most reputable perpetual are close to par. what remain are the distressed,
Risk for risk, i prefer an IRS from a BACA o CNP with relatively good rating that cost 50%60% and will increase soon if the trend persist.
To a fix rate of a battered bank.