Comment by fny
3 hours ago
A 30-year treasury offers 5% and A-grade corporate bonds offer 6.5%. You don't need to exploit essential services for the other 50bps.
[0]: https://fixedincome.fidelity.com/ftgw/fi/FIYieldTable?popupM...
3 hours ago
A 30-year treasury offers 5% and A-grade corporate bonds offer 6.5%. You don't need to exploit essential services for the other 50bps.
[0]: https://fixedincome.fidelity.com/ftgw/fi/FIYieldTable?popupM...
Because treasury rates are rising, it now actually puts even more pressure on PE firms to burn furniture.
.. now. Five years ago that was more like 2%.
The S&P grew at ~15% annualized post GFC, and PE acquisitions of housing and essential services hasn't stopped.