| Very funny pictures http://www.sniderscyclery.com/?buy-vogira.pdf order vogira Even so, Sarah Bush, a senior analyst for Morningstar, cautions that higher interest rates won't necessarily be disastrous for junk bonds. That's because although a portion of their yield strongly depends on interest rates, another portion does not. That second portion is called the spread, and it refers to the premium investors get in exchange for taking on added risk.
|