Have Bonds Become Default Investment?

Marilyn Cohen, CEO of Envision Capital Management and co-author of Surviving the Bond Bear Market, joined a panel on CNBC’s “The Call” yesterday to discuss whether bondshave become the easy default investment. She argues that institutional money looking to trade out of risky commodities are going into corporate bonds and high yield bonds. She also talks about what she sees as a bond bubble and what will serve as the catalyst for it to burst.

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