This 7.6% Yield is Paid Monthly, Trades at 96% of Fair Value

High-yield bonds have never paid less. Which is too bad, because let’s be honest–dividends are the reason we income investors wade in «junk bond» waters in the first place.High-yield bonds have never paid less. Which is too bad, because let’s be honest–dividends are the reason we income investors wade in «junk bond» waters in the first place.Read MoreMarkets,StocksStocks Feed