High-yield bonds are finally living up to their name after the broad selloff in fixed-income markets this year. Better known as junk, the $1.5 trillion sector looks appealing, as yields have risen to ...
Tag: Junkbond
A $100 Billion Comedown: Soaring Defaults Shrink Asia’s Junk-Bond Market
Once the place to be for yield-seeking global investors, Asia’s junk-bond market has shrunk drastically and new debt issuance has slowed to a trickle. Less than 18 months ago, the dollar-bond market f...