Has the junk-bond market hit bottom? Liquidity issues may be up next, warns this industry veteran - MarketWatch

When ‘liquidity is the issue, everything is untethered,” Bagaria said.

Dont call it a dash-for-trash quite yet.U.S corporate bonds with riskier high-yield or junk credit ratings finally might look like a buy, after a brutal start to 2022 sparked by central bankers looki… [+3287 chars]

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