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Thursday, August 16, 2012

Risk Builds As Junk Bonds Boom



Money market funds pay next to nothing. Interest rates on United States Treasuries are dismal. The volatile stock market has been dead money for more than a decade.
But on Wall Street — as the old saying goes — somewhere, someone is making money. And these days, that somewhere is junk bonds.

http://dealbook.nytimes.com/2012/08/15/risk-builds-as-junk-bonds-boom/

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