The Fear Is Gone From the Biggest U.S. Junk Rally in a Decade
Shrink-wrapped bundled one dollar notes sit on a large examining packaging equipment machine. (Photographer: Andrew Harrer/Bloomberg)

The Fear Is Gone From the Biggest U.S. Junk Rally in a Decade

(Bloomberg) -- Traders are going all-in on the best new year rally in U.S. junk bonds since 2009, cutting hedges that help cushion nasty shocks like hawkish monetary moves and weak corporate earnin...
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