Yield Is The Last Refuge Of Scoundrels – Seeking Alpha

By David Merkel:

What’s that I see? We’re at a 50-year low for yields on low investment-grade-rated bonds. Surely the economy should be booming. What, like the Great Depression, we are in a liquidity trap? Seems that way…….

Baa Corporate Bond Yield WBAA

via Yield Is The Last Refuge Of Scoundrels – Seeking Alpha.