This is the time when many people ask whether they should be buying junk bonds. Why? Because they envision turning such junk into gold. What's in back of this?
First of all, the stock market is still in flux (or is that an understatement?) and interest rates are at extremely low levels (another understatement?). As a result, investors are looking high and low for better returns and therefore, are casting an eye over what are known as high-yield corporate bonds….or junk bonds.
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