Having a keen interest in the remarkable bond investing approach of Michael Milken has made me steer clear of any long-term investments in AAA-rated bonds.
The guy was an absolute genius.
27 posted on 05/02/2023 10:32:31 AM PDT by Alberta's Child
("I've just pissed in my pants and nobody can do anything about it." -- Major Fambrough)
First rule of any money management “never go long in bonds”. Some things never change. People still buy it though... some of our buyers were asking for 40 year paper 3 years ago. Insanity.
29 posted on 05/02/2023 10:36:50 AM PDT by L,TOWM
(An upraised middle finger is my virtue signal.)