Comments on: Bond Bargains http://www.tasgall.com/2008/10/07/bond-bargains/ Peering into the Cauldron of the Gods... Fri, 27 Aug 2010 09:05:17 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Jason G. http://www.tasgall.com/2008/10/07/bond-bargains/comment-page-1/#comment-1613 Jason G. Fri, 10 Oct 2008 15:59:47 +0000 http://www.tasgall.com/2008/10/07/bond-bargains/#comment-1613 If you were interested in this tactic, make sure you know the leverage ratio of the funds you buy... some of them are going to get into trouble with falling asset prices. TYY is not a bond fund, but has a similar strategy (it's a MLP closed-end fund), and may not have sufficient leverage coverage within their charter: http://biz.yahoo.com/bw/081009/20081009006125.html?.v=1 If you were interested in this tactic, make sure you know the leverage ratio of the funds you buy… some of them are going to get into trouble with falling asset prices.

TYY is not a bond fund, but has a similar strategy (it’s a MLP closed-end fund), and may not have sufficient leverage coverage within their charter:
http://biz.yahoo.com/bw/081009/20081009006125.html?.v=1

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