High Yield Bonds

Full Name
High Yield Bonds: Market Structure, Valuation, and Portfolio Strategies

High-Yield Bonds provides state-of-the-art research, strategies, and tools to help you truly understand today’s high-yield market. This high-level one-volume encyclopedia is divided into seven sections detailing virtually every aspect of high-yield bond investments. They include market structure, security risk analysis, security valuation, market valuation models, portfolio management, distressed security investing, corporate finance considerations. High-Yield Bonds will provide you with a valuable reference to this fascinating and constantly changing class of securities, helping you assemble a stable, diversified portfolio of fixed income investments that provides the greatest returns and the lowest risks.

  • High-Yield Bonds thoroughly explores every angle of this complex market, delivering statistics, research findings, and empirical facts guaranteed to help you understand the risks and rewards of high-yield investing.

  • This hands-on reference shows you how to uncover issues that provide exceptional returns for acceptable risk.

  • It acts as your on-call investment advisor in navigating this risky-yet-profitable market.

Table of Contents

Part I: Market Structure

Part II: Security Risk Analysis

Part III: Security Valuation

Part IV: Investing in Distressed Securities

Part V: Corporate Finance

  • Strategic Financing Choices for Emerging Firms: Debts versus Equity

  • The Advantages and Disadvantages of Public versus Private Issuance of High Yield Debt Securities

  • Managing Default: Some Evidence on How Firms Choose Between Workouts