Looking at High-Yield Bonds

Thanks to the credit crunch, the market for high-yield bonds is in the toilet. For example, I called Vanguard to see what the yield is on its Vanguard High-Yield Corporate (VWEHX) fund is. The fund is currently yielding 8.3%, and it has rallied a good ways off its mid-March low.

Please note that I’m not recommending this fund, I’m just using it to show you the state of the high-yield market.

Posted by Eddy Elfenbein on April 28th, 2008 at 3:30 pm

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