Junk Bond Rout Continues With Some Large Fund Firms Tumbling Now

U.S. junk bonds are becoming more of a market worry. The sell-off continues this morning with bonds of dozens of low-rated companies falling anew and shares of some large-fund management firms tumbling as well. Investors have demanded their money back from junk bond funds in recent days, managers are being forced to sell bonds to raise cash. Buyers are scarce for the lowest quality bonds and managers are selling higher quality ones. The Federal Reserve begins what could be the most watched Fed meeting in years. A decision on interest rates will be announced Wednesday afternoon. Boeing (BA) is increasing its dividend and buying back stock. The dividend will be increased by 20% and the stock buyback is $2 billion. Walt Disney (DIS) could reap $9 billion from ancillary products related to 'Star Wars: The Force Awakens', like soup cans, coffee creamer and even fresh produce, according to Bloomberg.