The Rewind: Ditto
The Memo by Howard Marks
00:00
Investing in High-Yield Bonds and Treasuries
Many investors have sought the safety of money market and T-bill funds yielding zero. When offered returns go down, investors' desirous of maintaining income turn to progressively riskier investments. Do it if you want, but do it consciously and with full recognition of the risks involved.
Transcript
Play full episode
