Exact(7)
For starters, the cacophony of dire warnings for high-quality issues could use some perspective.
The bond part of the portfolio is generally concentrated in high-quality issues, usually Treasuries and corporate bonds rated A or higher.
"The market remains very stringent in terms of what it will buy, and is only going to be receptive to very high-quality issues," said David Sturtz, vice president for equity research at Credit Suisse First Boston in San Francisco.
Most of them were not direct rejections to universal and mandatory preschool policies but rather concerns regarding high-quality issues.
When things get really rough in the market, investors usually turn to high-quality issues with strong cash flows, low debt, and lots of liquidity.
Global exchanges are getting crushed, with high-quality issues getting sold along with weaker securities.
Similar(53)
Although we believe that the studies used for this research are of high quality, issues regarding our sample representativeness are apparent.
If the whole market comes roaring back, there will be plenty of time to take profits on the higher quality issues and roll into poorer quality paper.
For those seeking the highest quality issues, I recommend the JPMorgan Chase Capital 8% preferred (26, JPM Z), which is cumulative, meaning its $2 dividend must be paid, with arrears, before common shareholders get anything.
Less trendy right now are Treasury bonds and other high-quality debt issues.
Meanwhile, as agency bonds lose favor and their yields rise, they may crowd out high-quality corporate issues or depress their prices.
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