Junk Bonds/Distressed Debt More Upside

The ongoing recovery in credit markets can sometimes look unstoppable. When William Chepolis, a portfolio manager at DWS Investments, the money management arm of Deutsche Bank, checks bond prices every morning he's regularly surprised. As cash flows into fixed-income funds and money managers bid up bonds of all types, the distance between yields on Treasury bonds and other assets – a "spread" in bond-speak – keeps shrinking.

"Everyday, you come in and say, 'Geeze. I thought spreads were tight yesterday,'" Chepolis said.

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We are actively involved in this credit, please call or email Peter Aman for current market prices and/or more information about this situation.

We are also active in many other high yield and distressed corporate bonds.

Peter Aman

PAman@aps-financial.com

800-248-0630