High-yield bonds win big decade after financial crisis


MOSCOW: If you’d bought European high-yield bonds the day the global financial crisis erupted, closed your eyes and held onto them through the unprecedented events of the following decade, you would now be sitting on a 100% return.

On the other hand, if you’d put your money in most major commodities, other than gold, you would have lost 50%.

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Business , Junk , bonds , dollar

   

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