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Saba’s Weinstein Sees Stocks Signaling Bond Troubles
Big disparities between companies’ debt and equity prices have created opportunities for arbitrage.
Boaz Weinstein, Saba Capital Management (David Paul Morris/Bloomberg) Credit experts regularly note that risk premiums have all but disappeared in the low volatility seen in financial markets, a phenomenon that’s creating opportunities for credit arbitrage. Boaz Weinstein of Saba Capital Management says he is finding what he deems to be mispricings between
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