Double A corporates are a safe haven in a storm, says RBC

Well capitalised, cash rich and with little liquidity risk, double A corporates offer value for money

Comment by: Anonymous. Posted 12 years ago [2011-08-11 17:13:55]

I agree Walmart is not a default risk in the next 10 years, but does an investor really want to lock in 3.1% yield over this time period? We all hope markets do recover. When they do, rates need to rise and a AA bond paying 3% fixed in USD will fall in value. It's just a matter of how long the current nightmare continues. I say go long WMT equity and short the debt!