Wednesday, April 27, 2016

The Market's $1 Trillion Bubble 
Is Unprecedented
Junk bonds are living up to their name right now .. Business Insider reports: "As we have noted in the past, the lowest-rated junk bonds may have inflated a $1 trillion bubble at the bottom of the debt market. The thing is, it never should have gotten that way .. The post-financial-crisis era the low yield of many fixed-income assets led to the search for yield. This demand for products in which income investors could make a good return created a situation in which these deep-junk issuers could find a large market."
LINK HERE to the article

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