Clear Channel Gives Latest Sign That Junk Bonds Have Been Roused From Slumber

The video discusses Clear Channel Outdoor Holdings' sale of $2.2 billion in triple C rated bonds, marking the largest junk bond deal since September. It highlights the performance of these risky bonds compared to the broader market, noting a 5% return year-to-date. Despite the improved performance, investors remain cautious, demanding higher yields for the risk involved. The video also explores the narrowing yield spreads between triple C bonds and treasury rates, indicating a less risk-averse market environment.

What is the significance of the extra yield that investors are demanding?

What concerns do investors have regarding the current junk bond market?