High yield Bonds: An Investment opportunity post 2008 economic crisis Post 2008 economic crisis, High yield bond market has evolved significantly in terms of returns generated to investors, as they have been quite rewarding, if they went long and held it to 7 years. There are few exceptions in last quarters on 2015 and Current 2016 Q1, but period prior to it was remarkably rewarding time for investors in this asset class. From March 31, 2009 to June 30, 2014, the high yield market returned nearly 18% on an annualized basis, with spread to worst dropping from 1,675 basis points to 372 basis points over comparable Treasury bonds (Please refer figure 1) Figure 1 [1] [1] Source : S&P Capital IQ LCD, SPUSCHY stands for S&P U.S. Issued High Yield Corporate Bond Index Return of High Yield bonds encompasses two components: Coupon Income an...