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Its share of high yield bond underwritings nearly doubled, according to Thomson Financial Securities Data.
Prescott B. Crocker, manager of the Sentinel High Yield Bond fund in Boston, was more bullish.
Dont count on it, said Gary Sullivan, head of high yield bond portfolio management.
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High-yield bond funds were stunningly attractive to investors.
Some high-yield bond exposure may also be appropriate.
High-yield bond funds were up nearly 50 percent.
It's been a boon to the high-yield bond market.
HIGH-YIELD bond prices fell sharply in the third quarter as investors fled risky investments.
He is an associate in high-yield bond research at Morgan Stanley in New York.
In October 1999, 17 high-yield bond issues raised $3.3 billion from investors.
Some $10.7 billion flowed out of high-yield bond funds, according to the AMG data.
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