Sentences with phrase «states junk bond market»

And while bubbles may yet emerge, by their very nature they're likely to be found somewhere entirely unexpected — not a closely watched, highly liquid market like the $ 1.3 trillion United States junk bond market.

Not exact matches

His legal background proved invaluable in 1991, when the state of California and its insurance commissioner John Garamendi seized Raleigh's then - financial partner Executive Life Insurance Company after the value of the insurer's multibillion - dollar portfolio collapsed — a fate tied to its massive investments in the junk bond market of the go - go 1980s.

There is an ongoing debate about the current state of the junk bond market and what it means for equities and, more broadly, the economy.