Wake-Up Call From Junk Bond Land: Investors Hit By Biggest Quarterly Loss In 3 Years

Speculative-grade notes forfeited 1.7% in the last three months, the most since the third quarter of 2011, according to Bank of America Merrill Lynch index data; the average yield on the debt climbed to a one-year high of 6.26% on Sept. 29, the data show
To access this post, you must purchase Monthly Subscription, Quarterly Subscription or Annual Subscription.