Thursday, July 24, 2014

High-Yield Bonds “Extremely Overvalued” For Longest Period Ever


zerohedge.com / by Tyler Durden on 07/23/2014 15:23
The high-yield bond market has been “extremely overvalued” for a record nine consecutive months, according to Martin Fridson, a money manager at Lehmann, Livian, Fridson Advisors LLC. As Bloomberg Brief’s Matt Robinson notes, the streak breaks the previous record of eight months set in October 2006 to May 2007.
READ MORE
Please share this article

No comments:

Post a Comment