Junk Bonds

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.
Nov 13, 2015   Bloomberg Business
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.
Dec 13, 2012   Los Angeles Times