High-yield bond market might have reached tipping point

04/13/2011 | CNNMoney

Fund managers warned that the high-yield bond market might be getting oversaturated as investors continue to pour billions into it. "There's not a lot of attractive product left; everything's been picked over," said Arthur Calavritinos of John Hancock Funds. In the first week of April, investors put $3.84 billion into high-yield bonds, EPFR Global said.

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