'Don't Get Too Greedy,' Says Bond Veteran as Credit Gets Pricey

Scott Colbert, a veteran bond investor with four decades of experience, is cautioning investors against excessive risk-taking as credit markets become increasingly expensive. He believes current market conditions warrant a more defensive stance, suggesting investors should exercise restraint rather than pursue aggressive returns. This represents a rare moment in Colbert's career when he feels compelled to take a more cautious approach.