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4min chapter
Forced Patience (guests: Andy Constan, Paul Schulte)
The Market Huddle
Bonds
Houre: I'm a little nervous that it's become very quickly, almost kind of the cool kids trade to have the bon short on. Houre: But i wanted t also hilate the fact that the junk bonds are relatively weak. They haven't broken that december low, but we generally have a pretty broad on weakness. He says this is completely a response to higher interest rits as an aggregate. Hanoi: So get too excited when you're staring at l c d and junk.
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