Working undercover, Boesky secretly taped three conversations with Michael Milken, the so-called "junk bond king" whose work with Drexel Burnham Lambert had revolutionized the credit markets.

Unfortunately, the high-profile fall of "Junk Bond King" Michael Milken damaged the reputation of high-yield bonds as an asset class. Emerging market debt and convertible bonds are the main ...

However, in the time since his release from federal prison after pleading guilty to securities fraud, serving a two-year sentence, and paying more than $1 billion in fines and settlements, the 48-year ...

Junk-bond investors are giving zero odds to a global trade war. They are almost certainly wrong, since even if a trade war is avoided, the odds are not zero. Consider the junk-bond spread ...

U.S. News // 5 years ago Trump pardons former 49ers owner Edward DeBartolo Jr., 'junk bond king' Michael Milken President Donald Trump issued pardons to former San Francisco 49ers owner Edward ...

As I scanned her list of investments, I was shocked to discover that she had not only one high-yield bond fund but three! Such is the nature of junk bond funds: They can be very hard to spot.

Something strange is happening in the junk-bond market. In a note to clients on Friday, Deutsche Bank credit strategist Oleg Melentyev looked at conditions in the high-yield-bond market — also ...

Despite the Federal Reserve starting to cut rates in September, borrowing benchmarks such as the 10-year Treasury yield have risen since then, leaving junk-rated firms more vulnerable to a ...