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Joe Stocks

03/11/03 7:17 AM

#85325 RE: Benj #85322

Bonds- you may be able to find some info here.
http://investinginbonds.com/

Joe
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Ace Hanlon

03/11/03 2:13 PM

#85523 RE: Benj #85322

You can research junk bond funds via Yahoo.

Junk bonds are the only asset class that have been really kind to me this year. They have benefitted from both the drop in treasury yields and some narrowing of spreads versus investment quality bonds.

That said I do expect junk prices to ease a bit when the stock market begins a serious rally. Such an event will hike treasury yields and probably will pull some speculative money out of junk and into stocks. I plan to hike my already considerably position at that time.

One nice thing about junk -- even during the worst of the junk bear downside momentum never approached what we are seeing in stocks now. And high yields did offset much of the capital losses.

Most junk funds do hit you with a 1% fee if you cash out in less than a year. But a few do not including the two I own -- fhytx and sthbx