search query: @author Worthy, F.S. / total: 6
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Author:Worthy, F.S.
Title:The U.S. economy Trying times for junk bonds
Journal:Fortune
1987 : DEC. 7, No.26, p.53-54
Index terms:BONDS
USA
STOCK MARKETS
Language:eng
Abstract:A follow-up to a Fortune review nine months ago, when 24 junk bond issuers were identified as especially vulnerable to default, since when five have defaulted. The analysis illustrates how mutual fund managers quickly sold their holdings, but shareholders have found such bonds difficult to sell. A graph gives the 24 companies and the five companies which have defaulted.
SCIMA record nr: 69428
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