The Junk bonds have it’s best behavior of all the century
20 Apr
There Junk bonds succeeded in the beginning of the 80’s in the market of the United States thanks to Michael Milken, who inspired a character in a film by Gordon Gekko, the mad in the film of Wall Street.
These Junk bonds are in his best rally since 1996, after having positive profitavilities during 14 consecutive months, due to the growing hunger from investors to the risk in the middle of an scenario of low interest rates. In the year, they won a 4.74% according the index Bank of America Merrill Lynch US High Yield Master II.
The Junk bonds had one of the bests behaviors in the industry. The category grew by an average of
47,29% I the lest 12 months, by 6,9% during the first quarter of 2010 and by 3,01% in March, according figures from Interactive Data.
