Saba’s Weinstein Says Credit Spreads ‘Feel Way Too Low’
Boaz Weinstein
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
The recent rally in corporate bonds and credit derivatives looks overdone, according to Saba Capital Management founder Boaz Weinstein.
Weinstein, known for making contrarian bets, took to Twitter Thursday to say credit spreads “feel way too low and asymmetric” after a “breathtaking rally.”