Saurabh Mukherjea Explains Junk Bonds' Equity-Like Returns with Lower Volatility
Saurabh Mukherjea explains that high-yield bonds, commonly known as junk bonds, have historically provided returns similar to stocks but with lower volatility. Factors such as coupon payments, seniority in repayment, and diversification contribute to their usefulness in investment portfolios, offering a balance between risk and return.
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