Concerns about geopolitical turmoil, high valuations and a sooner-than-expected rise in interest rates have damped enthusiasm for high-yield debt.
WSJ.com: What's News US, Wall Street Journal
Thu, 07/24/2014 - 1:48pm
Concerns about geopolitical turmoil, high valuations and a sooner-than-expected rise in interest rates have damped enthusiasm for high-yield debt.