Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Junk Bond Sales At Record Highs - Risk Taking On The Rise

Sunday, October 10, 2010 - 10:30 AM
From Mish's Global Economic Trend Analysis blog:
With 10-year treasuries yielding a mere 2.39%, and with 5-year treasuries at an all time low yield of 1.1%, investors have plowed into the riskiest of junk bonds with reckless abandon.
[...]
The one thing Bernanke has managed to do is stimulate risk taking. However, that risk taking in equities and junk bonds will not do a thing for the real economy nor will it create any new jobs.

2
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,611
Reply