This asset class with an 8% yield can withstand a great deal more pain, fund manager says - MarketWatch

Critical information for the U.S. trading day

Few assets have been safe this year from the pummeling in financial markets, and junk bonds also have been rather, well, trashy. Year-to-date, the SPDR Bloomberg High Yield Bond ETF JNK, +0.29% … [+4466 chars]

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