Anyone seeking a bid on a high yield bond had to be prepared to wince.

FORBES: How Cheap Is High Yield?

At that rate, says Mr Tavares, more than 30 enterprises would have bid, possibly driving the yield lower.

ECONOMIST: The blessings of stability | The

With the exception of the late spring, when bad news from Europe caused a brief sell-off, investors have bid up stocks, high-yield bonds, and most other risk assets.

FORBES: Connect

Utilities were the worst-performing sector again Friday, while consumer staples, health care and financials, areas that offer yield but have not been bid up solely for their dividends, were in the best shape.

FORBES: After Rally Pauses, Bulls And Bears Ready For Next Round

They have bid up the prices of Treasurys and pushed the yield on the ten-year note down to 4.7%.

FORBES: The Case for a 7700 Dow