Junk Bonds

April 11, 2016, 7am PDT
Last year the U.S. Department of Transportation reported an increase of 3.3 percent in miles-traveled. During that same period, use of toll facilities, i.e., where motorists elect to pay to drive, increased 7.7 percent according to a new analysis.
USA Today
November 13, 2015, 2pm PST
High-yield funds have less money to spend these days, leaving large infrastructure projects like the All Aboard Florida high-speed rail project waiting at the station.
Bloomberg Business
December 13, 2012, 8am PST
Two southern CA toll roads are so severely underperforming that the state treasurer is investigating whether the bondholders can be paid their interest. The San Joaquin Hills toll road's bonds are rated at junk status. Widening I-5 & 405 didn't help.
Los Angeles Times