Bonds. TheStreet.com reports that deal-seeking bond investers typically receive the lowest prices on high yield bonds when shopping early in the year. Those who waited until later in the year found themselves facing investors who were running from their 10-year Treasurey note. Some analysts believe that high-yield bonds, or sometimes called junk bonds because the corporate debt is considered to be a higher credit risk, are "priced to perfection". Currently, the difference between high-yield bonds and treasurey bonds is 4.39%. This asks the question of whether investors are willing to take the extra risk for such a small percentage.
Tuesday, March 30, 2004
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