Ignoring the Reality of Junk.

The article reports that investors' interest in junk bonds continues to rise despite some analysts' claim that the bonds are overvalued. Topics discussed include reasons behind investors' interest in junk bonds despite their high prices, yield and average trading price of junk-rated corporate bonds as of May 2014 and influence of the U.S. Federal Reserve's low-interest rate policies on investors' decisions with regards to bonds. Also discussed is the difference between U.S. and European bonds.