Will the troubled Zohar CLOs continue to make interest payments and pay off at maturity?

FORBES: On The Cover/Top Stories

Orange Switzerland Wednesday sold a so-called payment-in-kind bond debt without any coupon payments that instead pays interest in one installment at maturity at a price and speed that had all the hallmarks of being a "top of the market trade, " according to Duncan Warwick-Champion, head of corporate research at ECM Asset Management.

WSJ: Bond Offer Shows Limits of Yield Hunt

In Congress, a predatory-lending bill sponsored by Senator Paul Sarbanes would prohibit balloon payments, among other things, in which the bulk of a loan is left unpaid at maturity, often without the full understanding of the borrower who then cannot repay.

ECONOMIST: Lawmakers, state and federal, are mounting an attack