The Junk-Bond Market’s Best Days May Be Behind It
by Charles Wallace on Feb.15, 2011, under Towing
As small investors flee the low returns of Treasury bonds, many have piled into high-yield debt — also known as junk bonds. Problem is, as one pro puts it: “The trade when you could buy anything and make money ended six months ago.” Investors need to be far pickier now.
Continue reading The Junk-Bond Market’s Best Days May Be Behind It
The Junk-Bond Market’s Best Days May Be Behind It originally appeared on DailyFinance on Tue, 15 Feb 2011 11:00:00.
Filed Under: Columns, Investing, Investing Basics, Market News
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