SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (17445)12/2/2004 5:57:23 PM
From: russwinter  Read Replies (6) of 116555
 
<IMO the junk bond bubble is far far far bigger than any presumed bubble in treasuries.>

Without a doubt. I was once a broker for a large national firm, and I remember how they pushed junk bonds in the Milkin era of the late 80's. When it busted, they didn't even make a market in them any more. One day I called checking on marked down bargains that might have a chance of surviving, and there wasn't even anybody in their "once thriving high yield bond dept". Think the janitor answered the phone. I'll never forget that. This current situation will make that era a cake walk.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News