Unfortunately, the high-profile fall of "Junk Bond King" Michael Milken damaged the reputation of high-yield bonds as an asset class. Emerging market debt and convertible bonds are the main ...

Since his release, the "junk bond king" has remained in the spotlight, this time mainly for his charitable donations and focus on education and medical research. Michael Milken was born on July 4 ...

High-yield bond holders aren't asking for much of a premium above ultra-safe U.S. Treasurys. Time to own quality. Junk-bond investors are giving zero odds to a global trade war. They are almost ...

it seems that the arrest and the conviction of Michael Milken was a morality play also staged for the benefit of the simple man in which a junk-bond salesman, who had really not done all that much ...

It costs $5,000 to join Ned’s Club, a lavish private club top three floors of the Walker Building in Northwest D.C., and membership is another $5,000 a year.

There was Michael Milken, the swaggering Drexel Burnham Lambert bond trader perched at his X-shaped desk in Beverly Hills, king of the junk bond market. And Ivan Boesky, merger arbitrageur ...

iShares High Yield Systematic Bond ETF (HYDB) is a junk bond ETF aiming at risk mitigation. HYDB is well-diversified across sectors and issuers, with a focus on higher credit quality and ...

Exchange-traded funds that invest in junk bonds were rising Thursday afternoon, beginning 2025 with gains after last year outperforming the investment-grade U.S. bond market. The iShares iBoxx ...

Junk-bond investors are giving zero odds to a global trade war. They are almost certainly wrong, since even if a trade war is avoided, the odds are not zero. Consider the junk-bond spread ...