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Investors jumping blindly back into junk bonds - CNBC
Two of the nation's largest fund managers are telling investors not to invest in junk bonds, according to CNBC.
An article says that bond investors are so dismayed by the miniscule returns on Treasuries that they're willing to risk big losses for the possible payoff of corporate bonds. Junk bonds are so named because they are issued to companies with poor credit.
The article says junk bond sales broke the single-year record at $324 billion as of Nov. 28. Individual investors have put $28 billion into junk bonds this year.
Read the entire story at CNBC.com.
