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Junk Bonds - Have They Lost Their Luster?
- Source :
- Journal of Business Strategy; Jan/Feb90, Vol. 11 Issue 1, p54, 5p
- Publication Year :
- 1990
-
Abstract
- Focuses on the popularity of high yield junk bonds in the U.S. Need of the issuer to pay high interest rate to attract buyer for the bonds; Reaction of investors when firms faced bankruptcy; Impact of deregulation of the thrift industry on savings and loan institutions.
- Subjects :
- JUNK bonds
INTEREST rates
INVESTORS
Subjects
Details
- Language :
- English
- ISSN :
- 02756668
- Volume :
- 11
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Journal of Business Strategy
- Publication Type :
- Academic Journal
- Accession number :
- 5715299
- Full Text :
- https://doi.org/10.1108/eb039351