"I think that the high-yield market still has plenty of room to weaken further. I've heard from colleagues that there is the possibility that things could be even worse within the next 12-18 months."

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"I think that the high-yield market still has plenty of room to weaken further. I've heard from colleagues that there is the possibility that things could be even worse within the next 12-18 months."

--Chris Kostiz, portfolio manager at Advance Capital Management, on bond allocations dropping from bank deals.

"I think that the high-yield market still has plenty of room to weaken further. I've heard from colleagues that there is the possibility that things could be even worse within the next 12-18 months." --Chris Kostiz, portfolio manager at Advance Capital Management, on bond allocations dropping from bank deals.

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