ATW bonds are starting to recover. I bough them at 38, they are now at 42. Debt traders are most often the most well informed of all traders. Based on that, if ATW debt keeps climbing, that's a good sign for the common shares
Check your math: it's 37, not 52
Why own this instead of a mix of DHY, DHF, NCT and RAS?
If you are going to bottom fish, isn't better to own something which still pays a dividend?