Commentary Topic from greenfaucet
Is there ever really a perfect middle ground on risk? Former "Junk Bond King," Michale Milken, always wanted you to think so.
(Of course, Mr. Milken wound up with a 10-year sentence for securities fraud. And the SEC permanently barred him from the securities industry.)
That aside, the "high yield," low-rated debt market is alive and well. And with yields as high as 10% from many of the major Junk Bond ETF players, some believe that the middle ground between high-grade corporate bonds and the more volatile stock market is worthy of pursuit.