In the two days following River Phoenix‘s death, phone lines were buzzing. I spoke with dozens of people in the industry, and even the most jaded editors, publicists, agents, and actors were openly ...

The hunt for yield continues to plague many financial advisors and their clients. The longest-term Treasury bonds are yielding only about 2%. To get even a 4% yield, you'd have to venture into junk ...

2024 returns will likely be driven by carry, with sector and quality differences driving potential outperformance versus broad high yield. An uptick in fallen angels may provide further support. Last, ...

Fallen angels underperformed the broad high yield market in October by 0.29%, driven mostly by the rise in rates throughout the month, increasing the YTD underperformance to 2.14%. In October, fallen ...

This article originally appeared in the January 1994 issue of SPIN. On the 30th anniversary of his death, we’re republishing this article in his memory. “It’s really designed, I think, to strip you ...