FYI: (Click On Article Title At Top Of Google Search)
Income investors with holdings in high-yield bonds can be forgiven for feeling confused. Controversy over the sector, always present to some degree, is particularly rife.
None other than Jeffrey Gundlach, the founder of DoubleLine Capital and one of the most revered bond fund managers around, recently called high yield “the next bond market crisis.” In contrast, strategists at some investment banks point to junk’s current yield of 6% and say it should continue to do well as the economy improves.
Regards,
Ted
https://www.google.com/#q=Weighing+the+Risks+of+High-Yield+Bonds+barron's
