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U.S. Junk Bonds Set $329.8 Billion Sales Record Amid Yield Hunt
Not personally into high yield. Stumbled across this article. Might interest some folks. My quick read of the charts says HY has returned little to investors this year, but that it’s done quite well over longer 3 / 5 year time frames. Might be fairly priced now. Not yet dirt cheap. (But what is?)