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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (34883)	3/28/2001 9:08:32 PM
From: edamo	Read Replies (1) \| Respond to of 65232

freeus....the only problem with corporate bonds are they are backed by the corporation that issued them....not commenting on your specific holdings, just in general...a corporation can default, or their credit ratings can be down graded...if this happens you will see the yield increase as the principal drops...in essence the higher yield is indicative of higher risk, as in junk bonds... why not play it totally safe..look at ginnie maes....