Pages from Market Advisory - Shift Date (February 2, 2011)

This Advisory addresses how the market should handle a credit which shifts to trading on distressed documents, then back to par documents, and then returns to trading on distressed documents.

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Market-Advisory-Shift-Date-February-2-2011.pdf

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January: Cold Temps, Hot Markets

Thanks both to improving sentiment – case study: Nasdaq’s 2% jump following the Fed’s 25 bps rate rise on Wednesday.