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Preflight Check for High-Yield Investors

Morningstar securities analyst Dave Sekera offers tips for performing due diligence on a high-yield bond.

Jeremy Glaser: For Morningstar.com, I am Jeremy Glaser. What are the ramifications of investors continuing to go down the credit quality spectrum to find higher yield?

I am here with senior securities analyst Dave Sekera to take a look at this question.