Los Angeles Times: Kenneth Naehu Quoted in “Bond-Buying Binge Isn’t Exactly Like the Dot-Com Stock Boom, But …”

"Bond-Buying Binge Isn't Exactly Like the Dot-Com Stock Boom, But …," by Tom Petruno, Los Angeles Times.

Others, like Ken Naehu of Bel Air Investment Advisors, are taking the opportunity to clear out lower-quality bonds in favor of higher-quality issues. “We’re selling everything you won’t be able to sell in the near future” should the bond market suddenly turn on investors, he said.

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