Product Description
HIGH-YIELD BONDS provides state-of-the-art research, strategies, and toolsÑalongside the expert analysis of respected authorities including Edward Altman of New York UniversityÕs Salomon Center, Lea Carty of MoodyÕs Investor Service, Sam DeRosa-Farag of Donaldson, Lufkin & Jenrette, Martin Fridson of Merrill Lynch & Company, Stuart Gilson of Harvard University, Robert Kricheff of CS First Boston, and Frank Reilly of the University of Notre DameÑto help you truly understand todayÕs high-yield market. Let it act as your on-call investment advisor in this risky, highly profitable market.
Book Description
High yield bonds are exploding in popularity among professional investors. Offering higher yields than conventional bonds, high-yield bonds are enormously attractive to pension funds, banks, and other institutional investors. Since 1993, the market has nearly doubled from $235 billion to over $400 billion in outstanding issues. High-Yield Bonds is the most comprehensive and authoritative book ever published on this burgeoning market. The book features contributions from investment luminaries from both Wall Street and the academic world, such as Martin Fridson of Merrill Lynch, Robert Kricheff of CS First Boston, and Frank Reilly of Notre Dame. The book will deal with every aspect of the high-yield market, and will function as an educational tool, a reference, and a source for information on the latest research and strategies.