Convertible Bonds Bounce Back - Forbes 04/27/2009

"The market for half-stock, half-bond hybrids known as convertible bonds has sprung to life.  Derivatives and anything slightly complex are supposed to be out of favor right now, but one preferred security of hedge-fund managers has recently staged a comeback. Convertible bonds, after having the market for them killed last year by the temporary ban on short-selling financial companies, have surged 11% this year."