High-Yields and Bank Loans Ride a Low-Default Wave
Leveraged finance has the potential to offer appealing returns, but investors should pay attention to credit and market liquidity risks.
Andrew Jessop
February 7, 2014
A Barclays Plc trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Jan. 24, 2014. U.S. stocks fell, pushing the Dow Jones Industrial Average to the biggest weekly decline since June 2012, as equities slumped worldwide amid a selloff in emerging-market currencies. Photographer: Jin Lee/Bloomberg
Jin Lee/Bloomberg
