Replies to post #82 on High-yield/macroeconomics (fka YIELD)

[Jonathan Robinson]

It's not all that bad - just similar to buying the HYG (HY ETF) but with leverage in it and with a payout policy that extinguishes it after some number of years. Return of 5-7% for a bond fund is perfectly normal. I must say I am not impressed by the returns listed on that link I provided-a period of time with the biggest bull market for HY bonds in memory.

Jon