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Friday
Nov092012

Santelli: 'Time To Take Profits In High Yield Bonds'

Time to cash in.

Rick Santelli from earlier today.  High yield bond funds are up as much as 14% this year, versus 5% for 10-year Treasuries and 9.5% for the S&P, and they will be hit if the economy weakens and stocks suffer, along with facing year-end selling pressure from hedge funds.

Runs 2 minutes.

DateNov 9, 2012 at 3:49 PM | CommentComment | |

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