High Yield Munis Useful for Diversification, Extra Income

The article notes that high-yield, or junk, bonds carry elevated credit risk versus investment-grade peers. It is largely explanatory and focuses on investor apprehension around credit quality rather than reporting a new market event, price move, or policy development.

Analysis

The article notes that high-yield, or junk, bonds carry elevated credit risk versus investment-grade peers. It is largely explanatory and focuses on investor apprehension around credit quality rather than reporting a new market event, price move, or policy development.