My favorite Bond? Connery with a close second being Craig.
What Can i say i like Craigs dark side. And Think Connery is a male chauvinist and appreciate the throwback to the 50s.But I digress The Bond I am refering is the powerful one that controls the markets.
The dot.com bubble saw inflows to investments to the tune of about 490 billion dollars in a 1 year period. We have seen about the same amount go into Bond investments through mutual funds over the recent market pullback. The concern? Have we created another bubble? We are seeing corporations issue large amounts of debt. Is this a sign of leaner times? Or brilliant fiscal consideration. Financing a Billion dollars at 1%. If a good business can acquire another company that is shedding 5-7 % returns, you could easily see how that debt would pay off.
http://www.bloomberg.com/news/2010-08-22/bond-funds-attracting-cash-like-stocks-during-dot-com-boom-credit-markets.html