Donaldson, Lufkin & Jenrette Inc., the undisputed king of the high-yield market, does not want to live on junk bonds alone.

The firm in recent months has hired several senior-level investment bankers for its fledgling investment-grade bond underwriting group. It also has developed a proprietary on-line bond research program to give to established and prospective clients.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.