Market Currents
A chart of yields across a number of fixed income sectors (via David Schawel). High yield bonds...
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Monday, August 13, 2012, 9:55 AM ETA chart of yields across a number of fixed income sectors (via David Schawel). High yield bonds may be pricey on an absolute basis, but the spread to Treasurys remains a relatively large one. As for Treasurys themselves, they're long on duration, short on yield: return-free risk.
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