By Anthony Summers Junk bonds… We’ve all been taught to avoid them.
Common opinion suggests junk bonds are loaded with too much risk. But has the “junk” moniker turned conservative investors away from otherwise good investment opportunities?
The truth is much of today’s junk bond market is anything but junk.
If you take a closer look, you’ll find there’s a treasure trove of corporate bonds on the market right now, delivering high yields with favorable levels of risk.
And while some may be called “junk,” deeper inspection reveals that they’re burdened by an unduly bad reputation.
According to standard rating schemes, a junk bond is any bond with …read more
