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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (58974)1/27/2017 1:44:28 PM
From: Graham Osborn  Read Replies (1) of 78753
 
That wouldn't make sense though. Graham advocated buying bonds of large investment-grade credits for income, but right now there is very little income to be had. Meanwhile the principal risk at these yields is huge, and even if you thought yields were headed lower that would still be a principal-related rather than income-related observation.
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