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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (14187)10/28/2004 2:36:43 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 116555
 
Junk bonds continue to act very well and spreads have narrowed significantly the last few days. SPHIX 30 day yield down to 5.9% and the current yield probably below 5.8%. That is only 170 bp above the 10-year year T-bond.