iShares iBoxx $ High Yield Corporate Bd (NYSE:HYG)

TomFoolNC (98.51) Submitted: 1/21/2009 10:50:56 AM : Start Price: $67.04 HYG Score: -14.92

Investment Thesis- though stocks are way down majority of US corporations have lots of cash, expect them to buy back their debt at these discounts- high yield in meantime due to bonds selling at discounts- expect bonds to recover before stocksGoing to pick 5 bond funds to play this macro idea. Not a bond expect, not doing a ton of research to differentiate between different corp bond funds.