dogsofmyhead

Bond Expert: Friday Wrap

Hi Jason,

Thanks for the good reply, I happen to have exposure to WaMu but I bought early and am having a difficult time figuring out why the yield is so high for the particular bond I purchased. In particular I have 25% of my portfolio allocated to: 939322AL7 with a maturity in 6m. I'm comfortable with WaMu not defaulting in 6m, but I'm not going to roll it over into another WaMu issue, do you have any recommendations for 1 yr out, or do I need to bail on my current WaMu holding???

Thanks in advance, you can see the rest of the portfolio on covester.com if interested.