Rising Rates Favor Shorter Junk Bonds

Sales of long-term "junk" bonds are lagging and prices are down, the latest sign that investors are flocking to shorter-term securities that are less vulnerable to rising interest rates.



via WSJ.com: Markets http://online.wsj.com/article/SB10001424052702304753504579284842169514178.html?mod=rss_markets_main