Long debt trades in the mid - $ 70s. (alephblog.com)
They added a few percent on to where the company's long debt traded, less for financially stable companies, more for those that took significant risks. (alephblog.com)
Pettis worked on Wall Street in trading, capital markets, and corporate finance since 1987, when he joined the sovereign debt trading team at Manufacturers Hanover (now JPMorgan). (carnegieendowment.org)