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Alias Born 07/07/2002

Re: Ace Hanlon post# 34749

Saturday, 10/12/2002 10:08:56 PM

Saturday, October 12, 2002 10:08:56 PM

Post# of 704041
High yield bonds cannot do well unless the stock market does well.
Why is it so? Is it because the declining stock market increases the junk bond default risk?
In addition, should the bond market "bubble" burst, the junk sector would get hammered too.

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