Word: fenne
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This pattern makes sense. Investors look ahead to recovery, when the default rate will drop and make the lush yields on junk bonds more secure. That leads investors to bid up junk-bond prices, resulting in a capital gain. "We've already seen some junk bonds rally," says John Fenn, head of high-yield investments at J.P. Morgan Fleming Asset Management. Next year, he believes, junk bonds will deliver on their eye-popping 12% yields and produce a capital-gain kicker worth an additional 5% to 10%--for a total return of about...
...meeting, Councillor Jim Braude congratulated Galluccio, who found out yesterday that he will win the JFK Library’s Fenn Award for Political Leadership...
...that enables us, if we choose, to create life. What does it say about us if we wish to avoid one of the defining characteristics of our sex? How out of touch we have become if we begin to think of this natural experience as a burden. KAILIN M. FENN Millis, Mass...
...Margo Fenn of the Cape Cod Commission says that the problem is not actually about the issue of open space...
...certainly convinced there's a need for a land bank," Fenn says. "Even our opponents came out and said [there's a need...