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Watch Out: Junk Bonds Are Getting Junkier

TedTed
in The Bullpen
FYI: The amount of money chasing the higher yield on offer from junk bonds has allowed issuers to get away with covenants protecting lenders that would never have been accepted in the past.
Regards,
Ted
http://www.cetusnews.com/life/Watch-Out--Junk-Bonds-Are-Getting-Junkier-.ryWXDCwKaM.html
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