Go Ahead, Reach for Yield
With bank rates and bond yields collapsing again, investors are embracing unconventional income securities priced to yield 6%, 8% or even 10%. Yes, spreads between Treasury yields and the yields you get from many such investments--including high-paying partnerships, closed-end funds, mortgage real estate investment trusts, specialty lenders and business holding companies--look dangerously wide, oftentimes six or eight percentage points. In theory, such a
