<PAGE> PAGE 1
000 A000000 06/30/97
000 C000000 701387
000 D000000 N
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000 F000000 Y
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000 J000000 A
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002 B000000 NEW YORK
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008 D010001 NEW YORK
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008 D030001 10013
008 A000002 TRAVELERS ASSET MANAGEMENT INT'L CORP.
008 B000002 A
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010 C010001 NEW YORK
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011 B000001 8-81777
<PAGE> PAGE 2
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10013
012 A000001 FIRST DATA INVESTOR SERVICES GROUP
012 B000001 84-0000000
012 C010001 BOSTON
012 C020001 MA
012 C030001 02104
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015 A000001 PNC BANK
015 B000001 C
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015 C030001 19103
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018 000000 Y
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022 B000001 13-3112953
022 C000001 352651
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022 C000002 138894
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022 A000004 DONALDSON, LUFKIN JERETTE
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<PAGE> PAGE 3
022 C000005 1774
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022 B000006 13-4941247
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022 A000007 JEFFERIES & CO.
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022 C000007 1363
022 D000007 512
022 A000008 MORGAN STANLEY
022 B000008 13-2655998
022 C000008 1236
022 D000008 625
022 A000009 BEAR STEARNS
022 B000009 13-3299429
022 C000009 624
022 D000009 572
022 A000010 CS FIRST BOSTON
022 B000010 13-5659485
022 C000010 1084
022 D000010 0
023 C000000 507530
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026 G020000 N
026 H000000 N
027 000000 Y
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<PAGE> PAGE 4
028 C010000 440
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028 D010000 589
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028 D040000 271
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<PAGE> PAGE 5
048 A020000 0.500
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<PAGE> PAGE 6
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070 H010000 N
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070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 N
070 K020000 N
070 L010000 Y
070 L020000 Y
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<PAGE> PAGE 7
070 N010000 N
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070 O010000 Y
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070 P010000 N
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<PAGE> PAGE 8
074 A000000 206
074 B000000 890
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074 D000000 20055
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074 R040000 26
074 S000000 0
074 T000000 21274
074 U010000 2319
074 U020000 0
074 V010000 9.18
074 V020000 0.00
074 W000000 9.1800
074 X000000 3
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075 A000000 0
075 B000000 20678
076 000000 0.00
077 A000000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 C000000 78275
081 A000000 Y
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082 A000000 N
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084 B000000 0
085 A000000 Y
085 B000000 N
SIGNATURE THOMAS M. REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000701387
[NAME] HIGH YIELD BOND TRUST
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1997
[PERIOD-END] JUN-30-1997
[INVESTMENTS-AT-COST] 19,973,031
[INVESTMENTS-AT-VALUE] 20,944,867
[RECEIVABLES] 628,405
[ASSETS-OTHER] 205,826
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 21,948,320
[PAYABLE-FOR-SECURITIES] 648,106
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 25,799
[TOTAL-LIABILITIES] 673,905
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 24,249,684
[SHARES-COMMON-STOCK] 2,319
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 829,362
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 336,616
[ACCUM-APPREC-OR-DEPREC] 313,734
[NET-ASSETS] 21,274,415
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 912,810
[OTHER-INCOME] 0
[EXPENSES-NET] 83,448
[NET-INVESTMENT-INCOME] 829,362
[REALIZED-GAINS-CURRENT] 336,616
[APPREC-INCREASE-CURRENT] 313,734
[NET-CHANGE-FROM-OPS] 1,479,712
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 405,971
[NUMBER-OF-SHARES-REDEEMED] 123,742
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 1,479,712
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 47,082
[INTEREST-EXPENSE] 36,366
[GROSS-EXPENSE] 83,448
[AVERAGE-NET-ASSETS] 20,677,586
[PER-SHARE-NAV-BEGIN] 8.49
[PER-SHARE-NII] 0.37
[PER-SHARE-GAIN-APPREC] 0.32
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 9.81
[EXPENSE-RATIO] 0.81
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
