Western Asset High Income Opportunity Fund boasts a 10.52% yield but faces risks. Learn why HIO's recent NAV drop makes it a ...

Junk bonds don’t seem quite so junky anymore. US investors are piling into an asset class that has grown a little safer in ...

Highlights,Bonds with speculative credit ratings of BB (S&P) or Ba (Moody’s) or lower.,Offer higher yields to compensate for increased credit risk.,Rated by Standard & Poor’s and Moody’s Investor ...

But Fridson calls that “grasping at straws” and notes that the high-yield bond market “sports a risk premium grossly inadequate for its current risk.” US junk spreads widened earlier this ...