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SPDR Barclays High Yield Bond ETF Message Board

  • nuke9101 nuke9101 Jan 3, 2010 1:50 PM Flag

    JNK total return potential in 2010?

    Any thoughts our there on this JNK for total return in 2010? I was thinking yields on this thing could tighten up another 150 bps or or more. This would (just kind of eye balling it) lead to the JNK perhaps moving up 13-18%% or so plus picking up the 12% yield or so...of course exiting 2010 it will only be yielding 10% or so...so total return will be 25-30%? I think this will beat the S&P 500.

    comments please? this sounds too easy even if the stock market is punk we will get our 12% yield....so I am using this over buying equities...good upside with downside protection and income.

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JNK
34.91-0.24(-0.68%)1:19 PMEDT