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High Yield: An Inquisition
Submitted by JM
2010 will be a bad year for that (HY mortality) too.
Thanks for the post. I was surprised the return
over treasuries for all the work involved in a
"milkenesque" HY portfolio would be that low.
FYI - an absolute massive amount of volume just went through in s&p e-mini futures taking us this last leg higher. 200k contracts appear to have just traded in a 1 minute interval. This is a notional equivalent of $12.5B.
MARIE SHAPIRO AND ALL OF THE SEC - YOU ARE FUCKING USELESS DOGSHIT.
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