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Memo from Oaktree's Howard Marks - High Yield Bonds Today

February 22, 2013 | About:
Howard Marks of Oaktree released a new memo for his clients today on the state of the high yield bond market.

With many pundits weighing in on the possibility of there being a high-yield bond bubble, Marks provides his valued insight. A bit surprisingly Marks isn't terribly pessimistic on the high-yield market as you might expect.

Here is the link to his memo:

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