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high-yield bond |
Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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CREMAC originally had intended to pledge the entire portfolio as collateral in an upcoming collateralized debt obligation (CDO) offering, but the high-yield bond market conditions improved dramatically, making liquidation into the market a far more attractive alternative. IF your high-yield bond mutual fund has been a disappointment lately, put some of the blame on the Internet and the "New Economy. Scott's deep, high-yield bond investment experience and his extensive credit analysis expertise make him ideal to help expand upon SSgA's alpha-generation toolkit," said Paul Greff, director of Global Fixed Income for State Street Global Advisors. |
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