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[QUOTE=Tucker134;2921397]read the post...it's INVESTMENT grade bonds...yielding only 7-9%...junk bond yields right now are closer to 20% & I'd agree, they're not worth the investment vs the collateral in your home[/QUOTE]
Investment grade bonds will have much higher default rates than in years past. Mainstream companies will flop in this recession....guys like Lehman Brothers, Circuit City, potentially General Motors, etc. may just be the tip of the iceberg!
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