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Just now, I bought five of someone’s long-dated AAA/- rated bonds for a YTM of 6.9%, and one of someone’s nearby Ba1/BBB- rated bonds for a YTM of 7.8%. Now I’m done bond-shopping for today and can move on to other projects.

The ongoing European situation is amusing. Geithner was over there this weekend, promising that US tax-payers will bail out our banks again (by bailing out their banks). So, all is well, and no one needs to worry in the least bit.
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