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Spotlight on Junk Bonds

Monday, 18 Dec 2006 | 2:20 PM ET

The Lehman High Yield Index is up 11.23% this year, and junk bond genius Sandy Rufenacht, Aquila Three Peaks High Income Fund CEO, thinks now is a good time to dip your toe in the junk bond pond. CNBC's Erin Burnett discusses these high-yield opportunities.