Seeking Alpha

Previously bullish on the high-yield sector, some are jumping ship, alarmed by the sort of...

Previously bullish on the high-yield sector, some are jumping ship, alarmed by the sort of speculative offerings seen around past market tops. The latest is the re-emergence of paid-in-kind bonds, which allow issuers to pay interest in the form of more bonds, rather than cash. In the last week in September, investors pulled money out of junk bond funds for the first time in months, says Lipper.
Comments (2)
  • With the new quantitative easing and the medium to long term perspective of low interest rates, High Yield US Corporate bonds are still atractive.
    5 Oct 2012, 03:57 PM Reply Like
  • Hold your hand -- too early to fold.
    7 Oct 2012, 07:59 AM Reply Like
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