Homebuilders Might Be Ripe For Relative Value Plays October 10, 2008
Flat to tightening credit default swaps in the homebuilders sector has some investors thinking the area may be worth a fresh look as spreads in other industries widen. Its relative outperformance on both sides of the capital structure over the last quarter deserves particular attention, according to Zev Halstuch, v.p. in fixed income research at AllianceBernstein, because all the ingredients that normally ...
