Biotech Values

[DewDiligence]

Re: Bond Bubble

http://online.wsj.com/article/SB10000872396390444042704577584792371582220.html

…ravenous demand for corporate bonds has pushed yields on the securities down too far to compensate investors for their risk. They point out that even companies that don't need the money right now are issuing bonds because the borrowing costs are too low to pass up, and they see this as a warning sign for investors.

When interest rates eventually rise, prices of recently issued corporate bonds will fall.

No kidding.