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  1. #1
    Senior Member AirborneSapper7's Avatar
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    Pimco Says World Economic Crisis Faces ‘Second Wave’ (Up

    Pimco Says World Economic Crisis Faces ‘Second Wave’ (Update4)

    By Wes Goodman

    Feb. 11 (Bloomberg) -- Pacific Investment Management Co., which runs the world’s biggest bond fund, said the global economy faces a “second waveâ€
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  2. #2
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    A-rated corporate bonds are hunky-dory for a higher yield IF the underlying companies are solvent enough to either recall the debt when interest rates sink or keep paying interest even at 2 percent.
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