Junk bonds keep on trucking early in 2013, with yields at all-time lows so far not preventing...

|By:, SA News Editor

Junk bonds keep on trucking early in 2013, with yields at all-time lows so far not preventing further gains. They snoozed today through the President's warning of "haywire" markets and spiking rates should the debt ceiling not be raised. S&P Capital IQ remains bullish, noting durations on HYG, JNK, and especially SJNK are less than 5 years.