Junk bonds started 2013 much like they finished 2012 — on fire.
In just three trading days this year, bonds of low-rated companies delivered returns of almost three-quarters of a percent, even as most other types of bonds lost value.
Junk bonds' fire is poised to fade
High-yield bonds have started 2013 much like they finished 2012 — on fire. But the rapid march is making fund managers and analysts wary
Monday 7 January 2013 at 15:36
