in short, there's a huge Corporate bond blowup ahead for any funds stupid enough to hold that paper at the minimal yields they bought it at
I said that: I said they might get paid crap returns when the market rates explode the next view years, that would affect the price the bonds trade at when they were bought at sky high levels. Corportate bond of stuff trade daily. That's what I'm talking about: Stupid buy to get principal back then while rates explode and you are stuck holding them. That is what I said and true.