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Author: brewer12345 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35351  
Subject: Re: Since You Asked Date: 2/17/2012 11:39 AM
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Chris:

Do you view all the calls and reissuance at lower coupons/easier terms a hint from the market that we should tread very carefully? High yield spreads are still in the region I consider marginally attractive, but as they grind tighter and terms get looser on new issuance I find myself only too happy to back away from the bond market and fish in other waters. You see differently?
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