Investors look for riskier bonds rated for junk food – The Wall Street Journal

Investors look for riskier bonds rated for junk food – The Wall Street Journal

Investors’ rush into lower-rate junk debt drove yields to record highs, reflecting Wall Street’s thirst for fixed-income yields and growing confidence that even troubled companies can survive the downturn. pandemic. The return of a triple-C-rated corporate bond index stood at an all-time low of 6.42% on Thursday, according to data from Bloomberg Barclays. This was […]
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