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              While the unemployment rate has held above 8 percent since February 2009, demand for high-yield, high-risk bonds has grown as investors speculate that the Federal Reserve will keep interest rates near zero through late 2014 to bolster the economic recovery. Photographer: Scott Eells/Bloomberg

While the unemployment rate has held above 8 percent since February 2009, demand for high-yield, high-risk bonds has grown as investors speculate that the Federal Reserve will keep interest rates near zero through late 2014 to bolster the economic recovery. Photographer: Scott Eells/Bloomberg

August 06, 2012
Article
Junk Bond Stress at Record Low as Defaults Slow: Credit Markets
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