could that be caused by higher and longer?

Hi,

 

I read all your posts and think your posts are very helpfull. I rembered you mentioned BDC might not do well after the rate cuts, i understand that point since the borroring cost will go down after rate cuts. I thought BDC are doing well lately because 10+ year yield went up, and the rate cuts might be smaller than previously predicted, now you mentioned BDC doing well because the bank ER are good? not sure i follow, do you think BDC is a good short-medium term trade? Thanks!

所有跟帖： 

• BDC needs good economy and slightly higher rate -三心三意- ♂ (62 bytes) () 10/16/2024 postreply 13:55:47