No Fear, Again: Market Participants Are Opting For Extra Yield, Risk Be Damned

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Last week, a buddy from college sends me an email: “Hey, I got a little bit of cash sitting around, earning next to nothing in a savings account. Anything you’d recommend to get this cash working for me?” “Not really – everything looks pricey right now…hey, does that mean you paid off your law school […]

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The bond vigilantes are circling the wagons in Greece, as investors are coming to grips with the obvious fact that Greece is not going to be able to honor its debt obligations. Yields on Greece’s 10-year bonds soared above 7 percent today. Reuters reports: Jitters about Greece resurfaced following reports that Athens wants to amend […]

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