...GAD's February 1988 report, bank regulators discourage banks from investing in high yield bonds. BRIEF So far, high yield bonds have been attractive investments...size and form, has not been tested by a recession. A severe economic downturn might increase bond defaults, especially for those companies issuing bonds...

...1988 report, bank regulators discourage banks from investing in high yield bonds. Results in Brief So far, high yield bonds have been attractive investments...size and form, has not been tested by a recession. A severe economic downturn might increase bond defaults, especially for those companies issuing bonds...

...February 1988 report, bank regulators discourage banks from investing in high yield bonds. IN OKOSf ' So far, high yield bonds have been attractive investments...thrift assets such as residential mortgage loans, m addition, the high yield bond market, in its present size and form, has not been tested by a recession....