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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Joan Osland Graffius who wrote (16559)3/8/2003 4:58:16 PM
From: Wallace Rivers  Read Replies (2) | Respond to of 78659
 
I've heard that no less than WE Buffett feels that low rated debt is an opportunistic place to be right now.

IF the economy improves, corporate debt, low or high rated, should outperform higher rated debt (i.e. treasuries) IMHO.

I am not too knowledgeable about foreign debt, own small positions in preferreds of foreign bank stocks, plus TEI (Templeton Emerging Markets Income Fund).