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Is the junk bond crisis the start of another 2008?

December 15, 2015

A major junk bond mutual fund shut down last week. And that has many investors wondering if the risky high yield debt market could be about to collapse ... and drag the stock market down with it like subprime mortgages did in 2008. Brian Battle, director of trading at Performance Trust Capital Partners, thinks more junk bond funds are in danger of going under -- especially ones with exposure to risky short-term bank loans and energy company debt.

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