Here we are over one year later and junk bonds are very popular. With rates so low, it all seems kind of obvious in hindsight.
JNK is up well over 200% since 2009.
https://www.ft.com/content/55ef91e2-...1-42cdf1eb3124The riskiest borrowers in corporate America are making up their largest share of junk-bond sales since 2007 as yield-starved investors hunt for returns and bet on an economic recovery.
Unprecedented stimulus measures from the Federal Reserve have also pushed interest rates for higher-rated investment grade government and corporate bonds lower, leaving investors to hunt for riskier bets further down the ratings ladder.
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