'Is Apple too big to fail?' Peter Tchir on the Dangers and Pitfalls of a World Reaching for Holy Grail Yield!

More than $100 billion of U.S. corporate-bonds were issued in September, the third time issuance has crossed that monthly threshold since 1995, according to data provider Dealogic. Is investor appetite now driven by a "reach for yield" in this low-rate environment? As investors stretch out further and further in search of the holy grail of yields, do they risk falling off the cliff? We talk to Peter Tchir, founder of TF Market Advisors, about where the chase for yield is leading.

Plus, RBS managers took part in LIBOR manipulation, according to a Bloomberg report. There is outrage over private banks manipulating interest rates, but where are the headlines about the public-private consortium that controls 35% of the long-term Treasury market? This consortium is the Federal Reserve and its open market committee of course. We talk to Peter Tchir about Treasury market distortion.

Also, as a follow up to our discussion with Peter Tchir about Treasurys, we parsed the prospectus on a popular Treasury ETF, the TLT. We break it down in today's Word of the Day. And there is no doubt the drought caused a food shortage, but did you know it had an effect on the bacon industry? Lauren and Demetri talk pork in today's episode of "Loose Change." Source