"That's why you should be playing defense right now," says Doubline Capital CEO and renowned "Bond King" Jeffrey Gundlach.
Here's how a Goldman Sachs Asset Management fund crushed its benchmark this year, and what the head of credit is saying about the market in 2020.
"The whole company is built on continuously sourcing money from different investors based on higher and higher valuations."
Nomura economist Takahide Kiuchi says junk bonds are no longer warning investors about stock selloffs. But he's found a new group of bonds to take their place.
Leveraged loans have caught a lot of heat in recent months as a potential cause of the next recession and indeed broader financial doom but what are they?