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Author: susan400 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 35397  
Subject: Re: Hyield Date: 1/17/2006 10:48 AM
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The driver is HY has been bid so high by yield chasers not
credit judges.

Or broadbrush, as reality strikes through, returns will go negative.

That is my hypothesis.

closed end junk funds is a way to do it but many sell at discounts to NAV already.
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