Junk Bonds: Nickname for high-yield bonds with a Standard & Poor’s rating of ‘BB’ or lower, or a Moody’s rating of ‘Ba’ or lower. Junk bonds have a higher default risk when compared to investment-grade bonds.
Source: Investopedia
Junk Bonds: Nickname for high-yield bonds with a Standard & Poor’s rating of ‘BB’ or lower, or a Moody’s rating of ‘Ba’ or lower. Junk bonds have a higher default risk when compared to investment-grade bonds.
Source: Investopedia