# Prof. Edward Altman points out an increased correlation between stocks and high-risk bonds

1 Faculty News June 9, 2012 ![Barron's logo](/sites/default/files/styles/246w/public/assets/images/con_031072.jpg?itok=FtY-yu99)>

Excerpt from [Barron's](http://online.barrons.com/article/SB50001424053111904470204577446373150515142.html?mod=googlenews_barrons) -- "Though volatility expectations aren't likely to reach the frightening levels of 2008, stock investors may want to heed [Ed Altman](http://www.stern.nyu.edu/faculty/bio/edward-altman), finance professor at New York University, who points to an increased correlation between stocks and high-risk bonds."

[Read more](http://online.barrons.com/article/SB50001424053111904470204577446373150515142.html?mod=googlenews_barrons)