Not exact matches
It
certainly seems like
junk bonds will be seeing more defaults in 2008.
A fund with this exposure can
certainly lose money during a 2008 - type crisis because of liquidity concerns, but it won't suffer anything like the carnage we saw with
junk bonds.
With the Fed's zero interest rate policy in place through 2014, this is
certainly pushing money into equities as well as the
junk bond rally that saw record inflows last week as well.