Where to Find the Best Buys (Yielding 9%+) in the Bond Mania

I recently wrote about a trend that’s making income investors excited: After years of failing to produce decent returns, bonds are back. Media outlets, including Bloomberg , have picked up on this. And my friends who work on Wall Street are talking about bonds more than I’ve ever heard them do so before. That makes sense, given how strong stocks have been lately. With the S&P 500 up 21% since January as I write this, many folks feel they’re overpriced. That, in turn, makes bonds look more attractive as an alternative. This is especially true if you’re looking for income; the Federal Reserve has started cutting interest rates and has said it plans to keep doing so.… Read more