Risk-on fever hits junk bonds despite warnings from Jamie Dimon and others

Junk debt buyers in the U.S. are ignoring warnings from some of the biggest names on Wall Street and pouring money into the riskiest bonds on the market. CCC-rated bonds, the absolute bottom tier of speculative-grade credit, have returned 0.75% this month through Thursday, outperforming every other class, including investment-grade bonds, according to data from […]

Source: cryptopolitan.com (Read Full Article)