Since the bottom of corporate bond market in the 2002, corporations have enjoyed stronger profits and free cash flow. (alephblog.com)
That said, the investment grade corporate bond market, the junk bond market, and the bank loan markets can't have a better year in 2010. (alephblog.com)
That is one reason why I am skeptical of the run in the high yield corporate bond market at present. (alephblog.com)