Buffett lamented in 2010 that he didn't buy more corporate and municipal
bonds during the credit crisis when yields made the securities «ridiculously cheap» compared with U.S. Treasuries.
Not exact matches
While junk
bonds may not represent a systemic risk as
credit derivatives did
during the financial
crisis, they can be one of the more effective leading economic indicators.
There are other cases — like
during this
credit crisis the values of
bonds on the secondary market dropped.