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Are Junk Bonds Becoming The New Equities?

TedTed
in The Bullpen
FYI: It's a well-known reality that high-yield bonds are generally more correlated to equities than they are to higher-quality bonds, but is it possible to actually substitute junk bonds for stocks?
Regards,
Ted
http://www.investmentnews.com/article/20160901/FREE/160909991?template=printart
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