Tag: junk bonds
The Reach For Yield: A Monster of the Fed’s Own Design
"The Committee recognizes that low interest rates may provide incentives for some investors to "reach for yield," and those actions could increase vulnerabilities in...
Record Junk Bond Sale Issues Debt Market Warning
Vague whispers of monetary tightening notwithstanding, yesterday gave a staggering reminder that the developed world remains awash in cheap money with Numericable SA's announcement...