In the current market climate of low yields across the board, investors in stocks, Treasury bonds, and corporate bonds aren't getting the yields they hoped for. This is driving a lot of investor dollars into the junk bond market, which is one of the last ways left to get a higher yield at the moment. In this video, Motley Fool analysts Matt Koppenheffer and Morgan Housel discuss junk bonds and the junk bond market, and why the yield just may not be worth the risk.
A warning to those investors currently flocking to junk bonds.
About the Author
Morgan Housel is the best-selling author of The Psychology of Money and Same as Ever. A former economics and finance columnist for Fool.com and analyst for Motley Fool One, he currently serves as a partner at The Collaborative Fund and on the board of directors at Markel.