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…
Investors hungry for higher yields are flocking to the credit markets, putting junk-bond issuance on a record-setting pace. And lenders are loosening credit standards, while companies take on debt just because it’s cheap. Sound…
Many investors are trying to make themselves feel safer in this uncertain economy by jumping out of stocks, buying bonds or even dabbling in higher risks looking for bigger returns. But that sort of short-term strategy could je…