Brian Chappatta, Columnist

Reaching for Yield Finally Comes Home to Roost

Investors are fleeing the riskiest corners of the bond market, and it seems unlikely that the securities will bounce back quickly.

March 18, 2020 at 11:00 AM UTC

By Brian Chappatta

Brian Chappatta is managing editor of Bloomberg News' leveraged finance and distressed debt teams. He was previously managing editor and team leader of its wealth group. Before that he was a Bloomberg Opinion markets and finance columnist and a bonds reporter for Bloomberg News.

Speculative-debt investors.
Photographer: Limor Edrey/AFP/Getty Images

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Here’s a trivia question: Who said this, and when?

If you said Federal Reserve Chair Janet Yellen in June 2014, give yourself a round of applause.