Closed-End Fund Market Commentaries
Aug 22, 2017
Click here to access Tracking The Retail Investor's Appetite For High Yield Corporate Bonds
View from the Observation Deck
1. High yield corporate bonds are speculative-grade securities (a much higher level of credit risk) that tend to pay a higher rate of interest than their investment-grade counterparts.
2. One of the primary indicators used for assessing risk levels in the high yield corporate bond market is the industry default rate.A bond default occurs when the issuer fails to make an interest or principal payment within the specified period.