The lender mentioned investors should really shore up their chance while in the bond market place by "going up in credit rating high quality" and favor worth stocks around mega-cap tech names.
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BofA suggests investors enhance their bond credit quality and favor benefit shares in excess of mega-cap tech.
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"Junk bond spreads are warning like It can be 1999," the lender reported. "In 1999, the ratio of CCC to B spreads rose above 3x Nearly specifically one particular 12 months prior to the dot-com market place peaked."
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