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

Nov 9, 2012 at 3:49 PM
DailyBail in Bonds, CNBC, Investing, Rick Santelli, bonds, cnbc video, high yield bonds, investing, rick santelli

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.

Article originally appeared on The Daily Bail (http://dailybail.com/).