Comment on When Junk Bonds Are Just Priced Too Ugly (HYG, JNK, HYT, PHK, HYF)

When Junk Bonds Are Just Priced Too Ugly (HYG, JNK, HYT, PHK, HYF)

Barron’s is talking up junk-rated debt.  We have been expecting that some media outlets would begin to notice how the spreads over Treasury yields were growing and growing and now offer 10% yields in some cases.  This should only highlight more value in what has been a battered sector, even if there is no way to know if the true bottom has been put in.

 

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