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Retail holders, though, of high-yield funds, or even standalone tobacco bonds, could decide to sell amid fears of additional defaults and/or extension risk, so "this presents a potential, albeit moderate, liquidity risk to the tobacco sector, or high yield overall," the report said
Reynolds phased out the use of Joe Camel in the 1990s
Medical studies add to the sense the damage done by tobacco is set to rise
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The carcinogens present in tobacco smoke, such as benzene, formaldehyde, and polycyclic aromatic hydrocarbons, damage the DNA in lung cells, leading to the uncontrolled growth of cancer cells
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