Junk Bond

Specifically bonds with rating of BB or less. Generally high risk, high yield bonds

The two major credit rating services rate bonds as to their credit worthiness. Bonds that are rated at or above "Baa" by Moody, or "BBB" by S&P are said to be investment grade bonds. Bonds rated lower than these ratings are said to be high yield (junk) bonds.

© 2022 Better Solutions Limited. All Rights Reserved. © 2022 Better Solutions Limited Top