Investors increasing their current yield by taking credit risk in junk bonds have recently learned a similar lesson. (fortune.com)
But if you have recently been denied credit, it's an indication the lending system sees you as damaged goods that they are unwilling to take a credit risk on. (businessinsider.com)
At the same time, the market will be taking down the prices of higher yielding bonds as slowing growth leads investors to demand higher returns when taking credit risk. (capitalwealthadvisors.com)