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Junk Bonds: Playing for Pennies, Risking Dollars

I try to avoid investments where the upside is limited, but the downside is unlimited. That’s the way I feel about junk bonds now. Have junk yields been lower before? No, we have eclipsed the time in 2003 when the junk market was in a yield frenzy, until Bernanke uttered the word “taper.” There are a lot of […] View the full post at: Junk Bonds: Playing for Pennies, Risking Dollars Related posts: Pimco Says ‘Too Early’ to Buy Greek Bonds as EU Pledges Aid YouTube to Lose Nearly Half a Billion Dollars in 2009 BerkShares, Buckaroos, and Bear Dollars: What Makes a Local Currency Tick?
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