Street Explained: Junk bonds sway all markets

Stock chart
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Investors in stocks may want to look at the bond market first. The high yield debt market has been on fire the last couple of weeks and that's why stocks have rebounded as well.

In a exclusive video for CNBC Pro subscribers, Bob Pisani explains what junk bonds are and why they matter so much these days.

  • Bob Pisani

    A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

Wall Street