Random Questions on Debt Research

I heard that debt research is quite a bit easier to break into right now than Equity Research. But before I turn my ER internship hunt into an ER/debt research hunt, I was wondering if anyone here could help me answer some questions.

1) How hard is it to make the transition from debt research to ER or an equities focused HF?

2) Does credit analyst fall under the umbrella of debt research? If so, then it sounds considerably less sexy, with glassdoor.com reporting mean total pay at $65,750 for JPM analysts in NYC. However, bls.gov paints a much better picture with mean wages for credit analysts at $114,730 in NYC.

3) Based on the information above, is it safe to say that debt research people make less than ER people?

4) If interests rates were to go back to where they were in the 80's, would debt research become a more desirable place to be?

5) Are the hours similar to ER?

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