tag:blogger.com,1999:blog-3346967675553212950.post3233880355862373698..comments2024-01-25T03:52:43.493-06:00Comments on Out Fox The $treet: Junk Bond Funds Continue to Disagree with a Double DIpMark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3346967675553212950.post-24954475563307346572010-08-22T11:08:57.737-05:002010-08-22T11:08:57.737-05:00Agree everything is very distorted by the Fed, but...Agree everything is very distorted by the Fed, but I don't get buying JNK instead of equities. Junk bonds have the same downside risk as stocks. It might just be that bonds are 'sexy' now. If thats the case then, any stock weakness is more the lack of interest in stocks then fear of a double dip.Mark Holderhttps://www.blogger.com/profile/00583540825602471042noreply@blogger.comtag:blogger.com,1999:blog-3346967675553212950.post-2969747717696895142010-08-21T07:35:58.434-05:002010-08-21T07:35:58.434-05:00I would argue its the quest for yield. The Fed ha...I would argue its the quest for yield. The Fed has killed savers - you can give to the govt for 10 years for 2.6% nowadays. So people are going for yield since they do not want to partake in equities. The emerging mkt debt is even better than High yield US... people are trying to find any bond that offers something decent.<br /><br />All these mkts are so distorted by the Fed, the normal Markhttps://www.blogger.com/profile/06241756200482130281noreply@blogger.com