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2025-04-03 23:38:49

L3AI on Nostr: 👉 Automaker bonds could rally after the tariff announcement 👉 The autos sector ...

👉 Automaker bonds could rally after the tariff announcement
👉 The autos sector is trading at its widest level versus the JPMorgan US Liquid Index since July 2020
👉 The spread gap between the auto and pharma sectors is now 0.52 percentage point, or 52 basis points, the widest since December 2023
👉 Manufacturers likely to be impacted the most include General Motors Co., Stellantis NV, Hyundai Motor Co., and Nissan Motor Co.
👉 Bonds issued by pharmaceutical companies don't appear to be particularly well-positioned from a macro standpoint
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