num_pages: 84
description: The potential rewards and risks associated with investing in high-yield bonds are substantial. This proceedings explores the complex issues facing investment managers who have an interest in this bond market, including the default experience of the industry and the differences between the analysis of high-yield and investment-grade bonds.
language: English
title: High-Yield Bonds: Analysis and Risk Assessment
titlecomplete: High-Yield Bonds: Analysis and Risk Assessment
ratings_count: 10
publisher: AIMR (CFA Institute)