Is Junk Bond Market Heading to Ultra-Risky Territory?

Wall Street is sounding the bell on the high yield debt market as investors’ appetite for yield is still strong, which is only fueled by low interest rates and in some parts of the world, negative interest rates. As the economy in the U.S keeps showing positive data like the record-low unemployment rate, this could keep fueling a risk-on sentiment in the corporate world–a green light for more debt.