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skwestorange » Comments » AAR

  • Bonds That Trade Like Stocks [View article]
    "Any other downsides?"
    Yes one big one, the underlying bonds are mostly junior unsecured debt that get totally if not almost wiped out in bankruptcies, witness HGM, XGM, GPM and so on.
    Jun 21 15:54 pm |Rating: +3 0 |Link to Comment
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