Bond Market Insights
What are junk bonds?
May 30,24Understanding Junk Bonds An Introduction to Junk Bonds ‘Junk bonds’, also known as ‘high-yield bonds’ or ‘speculative-grade bonds’, are a type of bond that carries a higher risk of defaulting compared to traditional bonds. Since bond investors are essentially lending money to the bond issuer in exchange for interest payments and a return of the …
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