Revisiting the High Yield Bond Market

Bill Hortz's picture

[The high yield bond market has had a rich, storied past and has taken an interesting journey over the decades through scandal, high interest rates, and default rate concerns – from “junk” bonds to “fallen angels” to “original issue” high yiel

An Alternative Income Strategy

Bill Hortz's picture

[Acknowledging the 50-year anniversary of the launch of exchange-listed options (4/26/1973), we decided to explore how options – a derivative alternative tool - can play an important part in asset management to enhance income, dampen volatilit

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