>From: "Chris Kromm" <ckromm at mindspring.com>
>
>>NEW YORK (Reuters) - Bond defaults by companies more
>>than doubled last year to record levels, and default
>>rates surged to 10-year highs, but issuers and
>>bond investors can expect better times ahead,
>>analysts said on Monday.
>
>Sigh. If only I had a dollar for every article I've
>seen in the past year which said that things were bad,
>but they'll get better Real Soon Now...
Well, there's a chance they're right. Lots of indicators are bottoming, even looking up - and not just in the U.S. It's not a done deal yet, but...
Doug