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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: wlheatmoon who wrote (4216)7/18/2000 9:43:28 AM
From: pater tenebrarum  Read Replies (1) of 436258
 
Mike, yields on corporate bonds are looking quite good right now. that is because the increase in default risk is getting priced in in view of the bubble/money supply inflation crack-up boom being in its final stages.

so you have to be very careful which bonds you are buying...make sure that the issuer is going to survive a deflationary depression if need be.

can't come up with a good link right now...
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