Super-Junk Leads The 2019 Asset Revival

Zero Hedge | 2/8/2019 | Staff
iceyy (Posted by) Level 3
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The stock market is unlikely to crack until speculation in junk bonds gets blown out of the water.

The high-yield index hit record highs on Powell's dovish Fed outlook. The lowest-rated debt has led the charge with 6% returns this year.

Bloomberg - Reports - Junk - Bonds - Rage

Bloomberg reports Junk Bonds Rage as Clear Channel Sells Biggest CCC in Months.

High-yield debt has already proven to be one of the best-performing asset classes in fixed income this year, led...
(Excerpt) Read more at: Zero Hedge
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