Fed Governor Raises the Specter of a Bubble in Junk Bonds By BINYAMIN APPELBAUM Published: February 7, 2013 FACEBOOK TWITTER GOOGLE+ SAVE E-MAIL SHARE real bubble6PRINT REPRINTS
Some financial markets are showing signs of overheated speculation as investors take larger risks in response to the persistence of low interest rates, a senior Federal Reserve official said in a speech on Thursday.