you are viewing a single comment's thread.
They wont get wider for years... interest rates will keep falling until the ten year goes under 1% then they will bounce and wont stop dropping in value with yields going higher and higher with no end in sight.
10 years with this yield would make me a happy man. Also the company is going to repurchase shares.
Yeah, the company will repurchase shares.. but not at this price. They will repurchase shares at 30-40% discounts to book.
What yield? Your yield is going to get cut in half next year.