Walter Bond Yield Hits Record
A million+ of the 2021 bonds traded yesterday at 12.75; that was a yield to maturity of 76%! That's the 8.5 coupon, so the current yield is 67%! Amazing.
A million+ of the 2021 bonds traded yesterday at 12.75; that was a yield to maturity of 76%! That's the 8.5 coupon, so the current yield is 67%! Amazing.
Posted by CP at 8:40 AM
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