Junk Bonds’ Record Sales Leading to Indigestion...

Discussion in 'Financial Futures' started by ASusilovic, Aug 13, 2010.

  1. Junk bonds are losing momentum as the busiest week on record for sales of the debt ...

    http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aUAgLgdVMQbU

    How desperate must you be as a bond fund manager to buy corporate junk instead of government securities ? And now that the FED is planing to buy at the long end the "quality hunt" for bonds will be growing. Amazingly there seems to be a never ending demand for low quality stuff...