US High Yield CCC-and-lower-rated bonds, the junkiest of junk, currently have a default rate of 41.3%! And yet folks are

US High Yield CCC-and-lower-rated bonds, the junkiest of junk, currently have a default rate of 41.3%! And yet folks are still rummaging around for yield. @PictetWM via @SoberLook https://t.co/xvgpSPGIgE

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