This trashy asset class with an 8% yield can withstand a great deal more pain, fund manager says By: MarketWatch June 17, 2022 at 06:55 AM EDT Junk bond yields have surpassed 8% — meaning they can absorb a rising default rate. Read More >> Related Stocks: AMC Entertainment Holdings Adobe Systems Alibaba Group Holding Ltd Amazon.com Apple DJIA Delta Air Lines Exela Technologies Inc GameStop Corp JNK Mullen Automotive, Inc. - Common Stock Nio Inc ADR Redbox Entertainment Inc Tesla, Inc. Twitter, Inc.