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Demand For Synth Junk Bonds Growing
The demand for financial instruments that use credit derivatives on U.S. junk bonds or high-yield indices is growing, reports Financial Times.
The demand for financial instruments that use credit derivatives on U.S. junk bonds or high-yield indices is growing. Among the factors driving the market is the plunge in yields on actual bonds as a result of the Federal Reserve providing liquidity, which has led to a decline in default rates.