As Good As It Gets For Junk Bonds?

As Good As It Gets For Junk Bonds?
the capital spectator

Federal Reserve official are considering another interest-rate hike, according to yesterday's release of minutes for the Jan. 31-Feb. 1 monetary policy meeting. The hawkish tone offers another reason to remain cautious on Treasuries. But while the outlook for bonds generally is challenged as interest drift higher, one corner of fixed-income has been immune: junk bonds.

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