No. of Recommendations: 2
If I’m remembering right, the recent issue of BusinessWeek ripped Toyota hard over issues of quality control, as well as for losing market share to competitors. But that’s not what I’m seeing with how their bonds are trading. Supply is all but non-existent. Somebody is buying ‘em as fast. The 25 zero's that were available yesterday are now gone, and only two maturities in small quantities are being offered out.

OTOH, GE’s bonds are being dumped. This morning, I count 433 of their issues as being available, some of them in sizable amounts. It might be mere “profit taking”, but it looks to me like mid-sized investors, those buying 10-50 bonds, are exiting in droves. Also, if I'm remembering right, their stock price has topped/is rolling over. That might be just market noise, or it might be a precursor. But it does look to me like GE is being sold, stock and bonds both.
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