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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Alias Shrugged who wrote (33992)11/6/2000 11:03:11 AM
From: GraceZ  Read Replies (1) of 436258
 
Haynes missed the point (a rather big point) that the chart showing skyrocketing junk bond yields means the PRICES of your bonds are getting kicked in the nutz.

Just Friday somebody on CNBC said they had a problem getting the inverse relationship between yield and price.....so I guess they weren't joking. <g>
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