"People are just not factoring in the risk of corporate tightening. It is all across [the range], from junk to low level investment grade."--Mark MacQueen co-founder and portfolio manager at Sage Advisory Services, on why he has been cutting back on the corporate allocation in his portfolio.
"People are just not factoring in the risk of corporate tightening. It is all across [the range], from junk to low level investment grade."
