Finance NewsOther FinanceStock Market
Investors Rush Back Into Junk Bond Market
Warning: what the Fed giveth, the Fed taketh away
Squeamish from a dramatic market rout late last year, high-yield bond investors are once again entering the junk market, courtesy of the recent rate increase reversal by the Federal Reserve. Many of these investors substantially increased the cash portion of their portfolios in December in response to steep declines in the market as well as continuing concern over the trade dispute with China, a slowing global economy and uncertainty
