I'm a big fan of junk bonds, but I'd probably get a little friskier and buy a levered
junk bond closed end fund.
One more sign: premiums paid for loan participation and
junk bond closed - end funds.
Not exact matches
One reason for looking at
junk bonds is that the firms that issue
junk bonds are
closer on the risk continuum to a large mass of firms that are too small and too weak to issue
bonds at all, and that rely on banks or the informal capital market for funds.
The current retraction won't reach its nadir of 10 %
junk -
bond defaults and virtually
closed markets until 2018, Fridson predicts.
Yeah, investors often confuse yield with fixed income risk, but I agree that
junk bonds are much
closer to stocks from a risk perspective.