We've been buying notes all year. Our 12% notes have been all called. Reinvesting at 11% with barriers down 30%. All on the SPX/RTY/NASD.
Why? I think the market will bounce around for a while so I take some of our equity exposure and buy notes that have 30% less market exposure and give us a market yield.
https://www.wsj.com/personal-finance/when-date-night-gets-between-the-spreadsheets-22902d67
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