The Restructuring Remedy
As painful as this reckoning is likely to be, substantial restructurings must occur across several industries on accelerated timelines.
Is the Winning Streak for High-Yield Bonds Over?
More than 200 speculative-grade issuers have been downgraded by S&P this year.
Oil Price Slump Creating Opportunities
Private investors like Blackstone see value in the high-yield bonds of energy firms and in distressed companies hit by the steep drop in oil prices.