But if the deal falls apart, the bonds could drop to the 30's, he said.
That way, if the bonds drop sharply, the stock will fall, too, and the fund can cut its losses.
He got to his feet, his bonds dropping from him.
At those words the bonds of paralysis dropped from the Mouser.
The 30-year bond dropped 21/32, to a price of 102 1/32.
Earlier this year the bonds dropped to 26 cents on the dollar, and they are now quoted at about 58.
The 30-year bond dropped 23/32, to a price of 102 25/32.
The 30-year bond dropped more than a half point in light trading.
The 30-year bond dropped 16/36, to a price of 101 25/32.
The 30-year bond dropped 29/32, to a price of 105 23/32.