Investors rush to junk bonds in big bet on Trump pledges

Investors rush to junk bonds in big bet on Trump pledges

  $10bn splashed out since December; Bulls undeterred by risk warnings Investors are piling into some of the riskiest bonds sold by companies as they bet on Donald Trump delivering on his promise of a stronger economy, lower taxes and less regulation. Demand for junk-rated bonds has driven yields on debt with the lowest quality…

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