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


To: mishedlo who wrote (3578)12/18/2003 9:35:52 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
Spreads still extremely low. These tiny day to day fluctuations do not mean much IMHO. I plan to hold the junk a little longer since spreads could narrow further if we have a final blowoff stock rally.

But sometime next year I expect to see the worst of all possible worlds for junk -- rising rates and widening spreads.