The government's response to the financial meltdown has made it more likely the United States will face a deeper crisis in the future, an independent watchdog at the Treasury Department warned.
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Watchdog: Bailouts created more risk in system (AP)
Posted by skelllie 40 days ago (http://us.rd.yahoo.com)
High-yield bonds: Appetite for risk
Posted by Kinder 346 days ago (http://rss.cnn.com)
Like most investments with higher credit risk, the high-yield bond market took a huge hit in 2008 as investors fled to quality. But with the sector recently seeing its deepest discount ever - and even rallying a bit - some say it's time to test the waters again.
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