Marketplace Whiteboard: What Makes a Junk Bond Junky?

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If junk bonds have become so popular--beating out equities for the last five years, for example--are they still "junk"?  Marketplace's Paddy Hirsch says that while the moniker isn't quite accurate, these bonds do have a certain "trash or treasure" way about them:

What is a junk bond? from Marketplace on Vimeo.


Posted 12-21-2011 10:19 AM by Graham Griffith
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