D*****t
发帖数: 558 | 1 i was assuming you bought a long term treasury bond fund. daily fund price
reflects the prices of its underlying holdings, in this case, various
individual long term treasury bonds. bond price is determined by the market
, prices of bond fund fluctuates all the time.
if you have an individual bond and HOLD TO MATURITY, as long as it doesn't
default, you will get your principal back, not one cent less.
would US treasury ever default? that's a whole different debate. |
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y****i
发帖数: 778 | 2 【 以下文字转载自 Bond 俱乐部 】
发信人: yangqi (zzzzzz), 信区: Bond
标 题: 11/21 A3 CHICAGO MIDWAY AIRPORT BONDS IPO
发信站: BBS 未名空间站 (Wed Nov 20 14:52:42 2013, 美东)
https://fixedincome.fidelity.com/ftgw/fi/FICorpNotesDisplay?name=MUNIBD
IL CHICAGO MIDWAY AIRPORT, SECOND LIEN REVENUE REFUNDING BONDS, SERIES
2013B (NON-AMT) A3 141,445,000
IL CHICAGO MIDWAY AIRPORT, SECOND LIEN REVENUE REFUNDING BONDS, SERIES
2013A (AMT) A3 122,870,000 |
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S*****0
发帖数: 816 | 3 What is the difference between bond and bond fund? Can I sell them at any
time like other mutual funds? Is there any bond or bond fund with annual
return of 5~10%? Request for picks. Thanks. |
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y****i
发帖数: 778 | 4 Even Bill Gross Is Now Looking More Toward Stocks
http://blogs.barrons.com/incomeinvesting/2014/01/23/even-bill-g
If you think Bill Gross has been a big 反指, you should sell the stock now.
He made many mistakes on treasury bonds recently, but muni bonds should have
some opportunities this year when people realize how much more tax they
need to pay at 4/15. Just avoid PR bonds or buy any individual bonds with
AGM/MBIA insured.
Last year many CEF had discount to NAV more than 10%, the risk of inter... 阅读全帖 |
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b*********n
发帖数: 182 | 5 比较saving account 和total bond market fund, 应该是bond稳赚啊。比如vanguard
total bond market, 即使在08, 09股票狂跌的时候， 仍然有4-5%的收益。 这样的话
，大家都应该买total bond market index啊。这个理解有什么问题吗？ 欢迎大牛指教
。 |
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m****a
发帖数: 6 | 6 新手刚开始，好像muni bond 免fed+state tax,但是回报低些，bond index高些要交税
，该买哪个？有推荐的muni bond 或者bond index吗？去哪买？请各位指教。
谢谢了，祝大家都发财 |
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f******n
发帖数: 45 | 7 长期的趋势利率的上涨几乎是肯定的。债券刚经历了一个30年的牛市，现在才刚反转，
早着呢。
: 長期來講bond fund 肯定是要调整的。 bond 的管理方式要转回bond 自己，我
: laddered bond, 或floating rate. 怎么调，要看你买bond的目的。。
: 利率
|
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l**v
发帖数: 188 | 8 我的401k和brokerage加起来准备equity和fixed income 70对30的比例投资。现在
stock fund和ETF已经都买好了，接着想买bond，大概十二万的样子。
原来想买muni bond的，现在兜了一圈感觉直接买index fund比如FSITX可能更适合我。
目前比较纠结的是利率在低谷。Yallen说了今年要涨一次，明年要涨三次利率，现在买
bond fund的话短期内NAV肯定要跌。
想请教一下该采取什么措施？我想：
1.买ibond，过一年利息升的差不多了卖掉买bond fund，损失三个月的利息。但这个只
能买一万。
2.把钱存alley bank的CD，过一年取出来买bond fund。
这样做make sense吗？请大牛支招。
顺便问一下，这个ibond的利率是怎么算的。比如我10月1日买ibond，利率是3%的样子
。那么如果11月利率升了的话，我要什么时候才能享受新的利率？是十一月还是明年四
月还是五月？
多谢！ |
|
l**v
发帖数: 188 | 9 bond相对稳健一些，而且bond，特别是government bond的走向基本和stock负相关。所
以bond用来在熊市时缓冲。一般的rule of thumb是你的退休基金中bond的百分比等于
你的年龄+/-10%。如果你刚开始工作还有个四五十年才退休的话也可以all stock。或
者你的心理足够强大在股市暴跌的时候能够hold得住，然后也有足够的emergency fund
，也可以all stock。这是我的理解。 |
|
w***n
发帖数: 1519 | 10 You shouldn't be looking at asset classes in isolation or without
considering your overall financial situation and your investment portfolio
as a whole.
If you are paying interest rate much higher than what your bond investments
return, why do it? It's simple math, isn't it.
If you have no idea what your equity-bond allocation should be, and what
kind of risks you are willing/able/need to take, why even start with which
bond/bond fund is a better choice? That'd be a waste of time.
p.s., junk bon... 阅读全帖 |
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l**v
发帖数: 188 | 11 我的401k和brokerage加起来准备equity和fixed income 70对30的比例投资。现在
stock fund和ETF已经都买好了，接着想买bond，大概十二万的样子。
原来想买muni bond的，现在兜了一圈感觉直接买index fund比如FSITX可能更适合我。
目前比较纠结的是利率在低谷。Yallen说了今年要涨一次，明年要涨三次利率，现在买
bond fund的话短期内NAV肯定要跌。
想请教一下该采取什么措施？我想：
1.买ibond，过一年利息升的差不多了卖掉买bond fund，损失三个月的利息。但这个只
能买一万。
2.把钱存alley bank的CD，过一年取出来买bond fund。
这样做make sense吗？请大牛支招。
顺便问一下，这个ibond的利率是怎么算的。比如我10月1日买ibond，利率是3%的样子
。那么如果11月利率升了的话，我要什么时候才能享受新的利率？是十一月还是明年四
月还是五月？
多谢！ |
|
l**v
发帖数: 188 | 12 bond相对稳健一些，而且bond，特别是government bond的走向基本和stock负相关。所
以bond用来在熊市时缓冲。一般的rule of thumb是你的退休基金中bond的百分比等于
你的年龄+/-10%。如果你刚开始工作还有个四五十年才退休的话也可以all stock。或
者你的心理足够强大在股市暴跌的时候能够hold得住，然后也有足够的emergency fund
，也可以all stock。这是我的理解。 |
|
w***n
发帖数: 1519 | 13 You shouldn't be looking at asset classes in isolation or without
considering your overall financial situation and your investment portfolio
as a whole.
If you are paying interest rate much higher than what your bond investments
return, why do it? It's simple math, isn't it.
If you have no idea what your equity-bond allocation should be, and what
kind of risks you are willing/able/need to take, why even start with which
bond/bond fund is a better choice? That'd be a waste of time.
p.s., junk bon... 阅读全帖 |
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m**i
发帖数: 28 | 14 菜鸟请教I Bond的问题。。。
2003年中买了1万的I Saving Bond，现在的利率是1.84%，这个是paper的。2008年中的
时候在treasurydirect有入了2万I Bond，现在的利率是1.74%。
当初我记得这个bond如果以后用作小孩读书的费用的话是利息是不用交税的。现在利率
这么低，是不是应该卖掉放到利息高一点的比如reward checking里面？如果我现在就
把这些bond卖掉的话，除了交利息税，应该没有别的费用了吧？谢谢 |
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b*********n
发帖数: 182 | 15 比较saving account 和total bond market fund, 应该是bond稳赚啊。比如vanguard
total bond market, 即使在08, 09股票狂跌的时候， 仍然有4-5%的收益。 这样的话
，大家都应该买total bond market index啊。这个理解有什么问题吗？ 欢迎大牛指教
。 |
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s**l
发帖数: 123 | 16 custom broke的annual bond要价550. 网上一般卖300，电话问了网上卖bond的公司。
说是对于新公司，需要把公司和个人的财产联系起来。要做一个personal
indemnification或者银行提供letter of credit。意思是如果进口的公司欠custom的
钱。bond公司会付款，但是bond公司会向公司追这个钱，追不到就向个人追。我是自己
注册的LLC，目的就是想把生意和个人分开。这样就买不了网上便宜的bond了。
还有个cargo insurance。这个保险是只保自己的货吧？liability怎么办，举个极端的
例子，如果货自燃，烧了船或者港口？ |
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h*******a
发帖数: 573 | 17 bonds carry coupon rates, which are fixed during issurance. if interests
rates go down, bonds will become more enticing to investors as their coupon
rates do not change. so holders of bonds can sell the bonds at higher than
the face value. so bond prices go up. |
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g********4
发帖数: 4959 | 18 nnd，500mln的bond 光利息一年就是47.5mln。银行家们真狠，比买T-bond划算多了。
请问散户能买到这样的bond吗？（这问题不是仅指干尸这个bond，是指这种高利息的企
业bond，散户能不能买） |
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k********8
发帖数: 7948 | 19 所以说一定要有独立判断，不要轻信任何"大牛"
http://money.cnn.com/2011/08/30/markets/bondcenter/bonds_pimco_
NEW YORK (CNNMoney) -- Investors have been pouring their money into U.S.
Treasuries all year, much to the consternation of bond guru Bill Gross, who
had been advocating for investors to dump out of government debt because of
their low yields.
Gross, who manages the world's biggest bond fund, is now admitting that he
struck out.
Print
Pimco's Total Return Fund (PTTRX), which has $245 billion in assets under
man... 阅读全帖 |
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w******s
发帖数: 16209 | 20 very old news, lets see how much Wen's red carpet worth:
Beijing promises to buy Greek bonds
04.10.10 @ 09:26
RELATED China hints at Portuguese debt purchases Europe steps up pressure
over renminbi Chinese five-year plan likely to affect Europe
BY ANDREW WILLIS
BRUSSELS - Chinese Premier Wen Jiabao has embarked on a one-week European
tour, vowing over the weekend to buy Greek government bonds when Athens
decides to return to international markets.
In a speech to the Greek parliament on Sunday (3... 阅读全帖 |
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p**8
发帖数: 3883 | 21 发信人: p838 (挣钱快乐！), 信区: Chinook
标 题: EFSF denies report that it bought its own bonds
发信站: BBS 未名空间站 (Sun Nov 13 19:30:51 2011, 美东)
下面2周，有的是好戏可看。
///
(Reuters) - The euro zone's bailout fund said on Sunday that it did not buy
its own bonds last week, denying a British newspaper report that it spent
more than 100 million euros ($137 million) to cover a shortfall of demand.
Britain's Sunday Telegraph said that the EFSF had to step in after banks
leading the deal were only able to find about 2.7 bil... 阅读全帖 |
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t**g
发帖数: 1164 | 22 股票的话，低价买入，高价卖出，价格没有上下限。可bond的话，从一开始“fair
price“就是决定好了的（比如面值100，10年%5 coupon，所以将来的现金流很清晰）
，所以在市场上交易的话，交易价格永远也不会比这个fair price低？因为如果我手里
有这个bond的话，如果市场价格比fair price低，那我就攥住这个bond不卖，一直到
maturity就好啦？所以说作为bond持有者，我永远也不会亏钱，除非发行方倒闭，bond
变废纸？ |
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b*********n
发帖数: 182 | 23 比较saving account 和total bond market fund, 应该是bond稳赚啊。比如vanguard
total bond market, 即使在08, 09股票狂跌的时候， 仍然有4-5%的收益。 这样的话
，大家都应该买total bond market index啊。这个理解有什么问题吗？ 欢迎大牛指教
。 |
|
z**********3
发帖数: 11979 | 24 一般定性分析就够了，
rate hike加息周期，new issue bond yield升高，现在的bond只有降价才能保持最终
收益相当，所以会跌.
所以Fed持续加息刺破泡沫的时候，这个时刻把spy全卖了，all in bond.Fed开始不停
降息，bond本来yield就高 price还疯涨.
等货币宽松到极限，股市跌到底，这个时候再bond换allin spy.
7 8年一个recession的短周期，这样搞几次资产翻好多倍.可惜timing market有点难～ |
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i******r
发帖数: 1175 | 25 胡说八道。参与定价是以竞价形式买bond？拿到高利息还在bond里，原来bond低价出售
？没有这么不懂装的。
don't make sense. bond sell and buy new bond is like day trade. sell side
and buy side change of interest rate is neglectible. |
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c***n
发帖数: 921 | 26 Do you mean that, the contractor can choose to pay this bond or not. It is
optional to contractor.If a licensed contractor does not have it, is it
common? 如果我的装修师傅买了这个bond的话，我应该把bond相关的条款写进房子改建
合约吗？
If the contractor has purchased this bond, and he pull the permit, then I (
as customer)am automatically be protected by this bond? |
|
g******4
发帖数: 6339 | 27 美联储(Federal Reserve)保留了今年内再一次加息的可能性，同时逆转其在危机时代
出台的刺激计划，这是一个乐观标志，说明美联储相信通胀将会摆脱今年的疲软态势。
由珍妮特•耶伦(Janet Yellen)担任主席的美国央行周三表示，将从10月开始缩
减其数万亿美元的资产负债表，即便其维持1%至1.25%的基准利率目标区间不变。在承
认最近飓风在德克萨斯州和佛罗里达州造成重大损失的同时，多数政策制定者坚持原有
的预测，即2017年将会再加息一次（最有可能是在12月），2018年还会进一步加息三次。
FED will start selling off MBS holding. It will cause the bond supply curve
to shift right, which alone will decrease bond prices (increase the interest
rate)
Month MBS for FED to sell
1 $4b
2 $4b
3 $4b
4 $8b
5 $8b
6 $8b
7 ... 阅读全帖 |
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t**i
发帖数: 688 | 28 http://www.ustcnc.org/picnic
中国科大北卡校友野餐会
时间：十月六日，星期天，11:45am-2:00pm
地点：The Screened Porch at the Bond Park, Cary, NC
What: USTC Alumni Potluck Picnic Party
When: Sunday, October 6, 2013, 11:45am-2:00pm
Where: The Screened Porch at the Bond Park
Address: Bond Park Dr., Cary, NC 27512 - the Screened Porch is located
next to the Boathouse Rentals at the end of the Bond Park Drive
Google Map: http://goo.gl/maps/E2Cn6
一年一度的科大北卡校友聚会的时候又到了。今年的聚会将于十月六日，星期天中午在
Cary 的Bond... 阅读全帖 |
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n****e
发帖数: 4990 | 29 我不是学这个的，我先抛个砖，说说我的理解
fed这个就是不计任何收益的去购买bond，issue bond的就可以把利息降的很低，因为
总有人愿意用钱去买这么低利息bond。
那些利息相对高的bond的就更抢手，因为收益率高，bond price 就提高。 |
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m*******r
发帖数: 8950 | 30 Fed如果不买了,是不是长短期bond yield rate都应该涨?
ＹＥＳ．．．
长期bond yield rate涨了,mortgage rate也应该涨?
ＹＥＳ．．．
短期bond yield rate涨到一定程度,米国就该再降级
短期bond yield rate会涨一些，但不会涨太多。楼上，ＮＩＭＢＬＥ已经说了。我认
为，在美国没有失去军事优势之前，美国的bond，尤其是短期的，还是会有市场的。。。 |
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s**********t
发帖数: 455 | 31 本来Bond就是给男人看的，男女平等和女权主义跟Bond没有任何关系。Bond片大都是PG
-13。一个小男孩长到13岁，看第一部Bond的时候，才是开始接触男人的世界-- 枪，跑
车，美女...
女人嘛，心底里其实愿意让男人摆布，这就是为什么女人也喜欢看Bond。 |
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l**4
发帖数: 2989 | 32 喝酒那段和“The real Bond never falls in love, he only gets women fall for
him”
都不同意，因为casino royale是个很特殊的影片，这部影片结束之前james bond还不
是007
只是个能力比较高的小破特工而已，正是经历了影片里那些大起大落包括“爱情”之后，
007才算真正出世，这也是为什么片头不是经典007theme，片尾才用的原因
不知道导演是正巧赶到了这么一部剧，还是因为刚换人所以用007系列的第一个故事给
craig做个过渡。总之我觉得casino royale是相当好看的一部，解释了bond成长为007
的过程，丫怎么从一个相信爱情的小男孩特工变成了调情高手+冷面杀手。。。结尾时
候杀了人才第一次说出bond,james bond，随后theme响起，多JB牛逼啊，算是最有特色
的一部吧
QOS烂不烂不知道，因为看了2遍现在还是想不起来情节。。。 |
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y********e
发帖数: 8315 | 33 bond有初始interest accrual date
假设A公司在4月1号买了B公司的bond
bond的issue date是1月1号
那么A公司需要付的价格就是bond price+purchased interest accrual
到了6月30号拿利息的时候，拿到的就是整个半年的利息
但是事实上interest income是4月1号到6月30号的利息，因为前3个月的利息B公司
买bond的时候就付掉的
清楚了没 |
|
m********9
发帖数: 116 | 34 FSA要看不完了。。。。这个discount bond哪位大侠给说说？书上明确说，公司发行折
扣债券是有利于CFO的，因为CFO会比发行par value债券高。
公司发行折扣债券，导致CFO提高，并且interest expense小了，是因为coupon paymen
t小于发行par value bond的公司的interest expense???
请问会计分录是怎么做的？
发行时：
Dr proceeds
bond discount
Cr bond at par
每一期付息时的分录到底是如何的？是这样吗？
Dr interest expense
Cr bond discount amortization
coupon payment
那么实际利息费用应该大于coupon payment呀？这样的话Net income应该小吧？ CFO应
该小吧？ 有点糊涂了？ 请问究竟应该如何看？ |
|
n*****r
发帖数: 159 | 35 Duration, by its name, is the averaged-time to get cash back.
for Bullet bonds, Modified duration can gauge the relation between bond
price change and yield change. and in this case ONLY, Duration is the first
term in Taylor expansion of P(y). the second term is convexity.
But for bonds with embedded options (callable corporate bond, mortgages, ABS
), the relation between Duration and bond price breaks down. And people
often use effective duration.
really
particular |
|
A*****s
发帖数: 13748 | 36 这世界上有几个zero coupon bond？
我正好需要找zero coupon bond来倒腾点数据
很可惜找了一个月也没找到几个像样的
找到的基本都没有trade，还有很大部分早早的就被put/call了
那些觉得自己牛逼的，如果能找到就贴几个CUSIP上来，我会十分感激
在市场上发bond
coupon < yield了，没人买
coupon > yield了，市场会解读为issuer credit变坏的不良信号
除非你是和某个债权人私底下谈好了，这个bond发出来全卖给他
这样奇怪的bond也没有什么liquidity，没有谈论的必要 |
|
a**********n
发帖数: 848 | 37 我的理解是 in weak economy, low credit quality bond has to pay a higher risk premium, so Baa3/BBB corporate bonds will have a higher yield than Ba2/BB bonds. High yield, means low Price.所以Baa3/BBB的价格会下降的比Ba2/BB多，而题干里是sell Baa3/BBB bonds，buy Ba2/BB bonds。
所以最后结果应该是positive呀？？
为什么答案是negative???
我什么地方理解不对呢？？ |
|
a**********n
发帖数: 848 | 38 1。没明白你的解释，题干我没抄错
2。这个解释我明白，所以才有疑问
One of the rationale for trading in the secondary bond market is credit-
defense trade. As economic slowdown, reallocating away from credit risk
bonds towards investment grade bonds,since low quality bonds experience a
greater increase in the risk premium than high rated bonds.
按照这个逻辑难道不就是应该buy Ba2/BB,sell Baa3/BBB ??? |
|
c*****a
发帖数: 1638 | 39 如果，我是说如果，银行买bond的钱都是“自己”的钱，不借不用杠杆，2B才买Bond呢
，现在bond的回报率才多少？
bond,
bond |
|
|
T*********s
发帖数: 17839 | 41 发信人: coldface (送你一朵红玫瑰), 信区: Stock
标 题: Re: 大牛们，周末给指导指导
发信站: BBS 未名空间站 (Sun Jul 25 20:06:56 2010, 美东)
感谢这两个图。可以肯定你已研究过，并有自己的想法。我先说一点，望其他人补充。
通常10yr bond yield与sp500正关联，这如第一张图所示。至于谁是driving，谁是
driven, 就难说了。
通常(10yr-2yr)spread与sp500反关联，这如第二张图所示。因为当股市跌时，为避险
躲入短期bonds，从而压低其yield，而长期bonds相对稳定。
2010年4月至今这段，yield降低，spread不升高, 却反常降低。这是令人感兴趣之处。
10yr bond yield 历史平均 4%，现已3%以下. 个人认为下降空间有限。(当然凡是皆有
例外，70年代，30yr bond, 20% yield 无人买, 后来证明没有比它好的投资. 也许将
来2%yield 10yrbond 买不到。)
第二张图2010年4月至今这段，spread降低, 不能完全如以往视 |
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p**8
发帖数: 3883 | 42 发信人: p838 (挣钱快乐！), 信区: Chinook
标 题: EFSF denies report that it bought its own bonds
发信站: BBS 未名空间站 (Sun Nov 13 19:30:51 2011, 美东)
下面2周，有的是好戏可看。
///
(Reuters) - The euro zone's bailout fund said on Sunday that it did not buy
its own bonds last week, denying a British newspaper report that it spent
more than 100 million euros ($137 million) to cover a shortfall of demand.
Britain's Sunday Telegraph said that the EFSF had to step in after banks
leading the deal were only able to find about 2.7 bil... 阅读全帖 |
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y*****6
发帖数: 9545 | 43 【 以下文字转载自 WorldNews 讨论区 】
发信人: Revolution (食脑族), 信区: WorldNews
标 题: 为什么James Bond是正面形象？
发信站: BBS 未名空间站 (Sat May 16 11:26:24 2009)
James Bond全世界跑，到处杀人、抢劫、偷盗、奸女、爆炸。跟９１１袭击者唯一不同
的是，人是为了美帝撤出阿拉伯世界，James Bond则是为了美国的国家利益，到全世界
杀人、抢劫、偷盗、奸女、爆炸。
James Bond的形象对美帝和CIA是胸大无脑的讥讽，对欧洲等则是滑稽的讽刺：难道要
德国青年接受CIA在德国为美帝利益爆炸弹？ |
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s***w
发帖数: 521 | 44 right now the 10/20 t bonds yield is low. (3-5)
back in early 80s, the yield was high (>10)
1) the price buying t bonds is fixed, or is by bid/auction?
2) I think in 80s, every one/bond fund would want to jump to 20(is there 30)
t bonds? why was the reason for people not to jump to them? i know it is
MHP. but MHP will be helpful too :)
thanks! |
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n******n
发帖数: 12088 | 45 【 以下文字转载自 bluechips 俱乐部 】
发信人: newgumin (新股民), 信区: bluechips
标 题: Bond ETF with hidden risks zz
发信站: BBS 未名空间站 (Wed Feb 24 19:53:36 2010, 美东)
http://www.marketwatch.com/story/bond-etfs-hit-investors-with-hidden-risks-2010-02-24?siteid=rss&rss=1
ETFs are seen as liquid, transparent investment and trading vehicles, but
with bond offerings this typically isn't the case. That's because liquidity
issues make bonds a poor fit for ETFs, so an ETF's share price, dictated by
market demand, is often diff |
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m*********a
发帖数: 3299 | 46 What's the best alternative is the question. Next crisis may be the treasury
bond crisis. I do not know what is the best hedge of such crisis. Will junk
bonds and/or equities crash together with treasury bonds? I have no idea.
In current financial crisis, the best strategy is investing into treasury
before the crisis when you saw the yield curve flattened and reversed, and
then moves into equities and junk bonds after the crisis. If you do so
correctly, you make a killing. I think what is the be |
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s********h
发帖数: 158 | 47 which bp bond hit 11%?
my screen shows that only one bp bond very briefly reached over 9% in the
past 2 weeks and it subsided quickly too. bill gross talked about buying
some of that bond 2 days later.
i also see some bp-backed muni bonds in il and tx, and they are yielding
over 10%. looks like bp is (or perhaps was) helping these local gov'ts build
a chemical plant and refinery respectively. |
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p*****y
发帖数: 529 | 48 Bond market is priced in about 30-40% probability of double dip recession.
Stock market still hangs there around 1100 (S&P).
So stock market is more optimistic than bond market. but sadly, bond market
predicated the past several recessions correctly before any sign reflected
in the stock market.
A little concerned about spread tightening in bond market now. when treasury
is priced razor thin yield, it's hard to imagine an effective QE to rescue
the market again if double dip indeed happens. |
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s******y
发帖数: 431 | 49 说的挺好的，我在加一条吧，买BOND还好看LIQUIDIBILITY， DURATION长的BOND一旦买
了，形势变化下如果流通性不好的很容易被套死，想割肉都不行。
bond
bond |
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p*****y
发帖数: 529 | 50 Do you know any bond MF which is interest rate neutral? or at least it
controls the interest rate risk to a certain extend?
I'm not comfortable with the rates environment now. QE2 may not do much in
lowering the rates if market expectation on economic recovery keeps going
higher. And I don't see low inflation in the next two years either. Both
factors go against bond market. Junk bonds may not escape the trend either.
btw: how do you view REITs market? I think REIT is affected by the same
factor... 阅读全帖 |
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