Recently i discovered to my surprise that many bonds that sold at a large discount have gained in value. it is now harder to find them cheap. so in order to find those issued by a reliable company, i have to go easy on maturity date.
just bought a long term bond. issued by Cigna, coupon $7.65% which is very high, maturity date 3/2023. bought at $88. The rating is BBB (not very high) by S&P.
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