Take a look at the corporate bonds in your portfolio. A realclose look. Are you wed to everything you hold? Are there any bondsyou feel are missing?

With summer approaching fast in the U.S., your window ofopportunity to cull the unwanted and buy the securities you desirewithout the hassle of having to scour the market for a counterpartyis about to close.

The traditional June-to-August slowdown in trading is becomingmore pronounced after Wall Street stopped using so much of its ownmoney to facilitate transactions. Bond dealers have becomeincreasingly reliant on new debt sales to spur activity—and thosetypically evaporate during the U.S. summer months.

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