“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
The Quest for Yield
Still think Treasury yields are going up any time soon? Perhaps not, as both investment grade and junk corporate bond funds look poised to make new highs. LQD currently yields 4.6%, and JNK 8.2%.