The risk/reward ratio on junk bonds is much worse than that of stocks or normal bonds. If you want less risk than stocks, just titrate to your desired risk lev

The risk/reward ratio on junk bonds is much worse than that of stocks or normal bonds. If you want less risk than stocks, just titrate to your desired risk level using a ratio of treasuries and stocks. Fore example, 80% stock, 20% bond gets you the same risk as 100% junk bonds, but you get a 9.5% return instead of 5.3%.