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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (1854)11/5/2003 10:27:30 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Junk bonds too are all part of the leveraged carry trade Gross alluded to. It will fall apart fast on interest rate upticks, even from abroad.