BBX Logo Beta

--

[Analysis: SpaceX enters the bond market at a favorable time] According to Jinshi reports, despite a slow start to the stock market this week, SpaceX is entering the bond market at a favorable time. The benchmark 10-year U.S. Treasury yield closed at 4.507% on Monday, up from 4.450% last Thursday. The yield spread demanded by investors for holding high-grade corporate bonds relative to U.S. Treasuries remains near multi-decade lows, indicating strong investor demand. D.A. Davidson's Head of Technology Research, Gil Luria, stated that SpaceX is not traded based on fundamentals; the price people are willing to pay depends on optimism, hope, and dreams, and the market will face significant volatility.

Loading...