personally I'm not seeing what should happen when the Fed drops rates and how it normally affects corporate bonds... normally when the Fed drops rates then the cost of ownership for a given bond goes up...I see many many bonds that are doing just the opposite.... this can only be because of investors selling the bonds.. so in those cases we have a great time to purchase corporate bonds... if any of you are chance takers and looking for a potential purchase... how about this one... CARNIVAL CORP NOTE CALL MAKE WHOLE
yes, I know... but if the Government decides to use their ships then there is no way that Carnival is going BR... so here are the details... Kinda hard to pass on 36.198%
Matures: 10/15/20
Coupon: 3.95%
Yield to worst: 36.198%
Price: 84.88
Cusip: 143658BA9
yes, I know... but if the Government decides to use their ships then there is no way that Carnival is going BR... so here are the details... Kinda hard to pass on 36.198%
Matures: 10/15/20
Coupon: 3.95%
Yield to worst: 36.198%
Price: 84.88
Cusip: 143658BA9