Junk bonds
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Information for Authority record
Other Identifiers
Wikidata:
Q1050279
Library of congress:
sh 86003145
Sources of Information
- Work cat.: U.S. Cong. House. Comm. on Banking, Finance, and Urban Affairs. Subcomm. on Gen. Oversight and Investigations. Issues relating to high-yield securities (junk bonds), c1986.
- BPI(Junk bonds)
- Downes. Dict. of finance & investment terms(Junk bonds)
- Monarch's dict. of investment terms(Junk bonds)
- Words of Wall Street(Junk bonds)
- Non-investment grade bonds, 1994(NIG bonds)
- Rosenberg, J.M. Dict. of investing, c1993(Bond, Junk: "deemed less than 'investment grade'"; Investment grade)
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Wikipedia description:
In finance, a high-yield bond (non-investment-grade bond, speculative-grade bond, or junk bond) is a bond that is rated below investment grade by credit rating agencies. These bonds have a higher risk of default or other adverse credit events but offer higher yields than investment-grade bonds to compensate for the increased risk. As of 2024, high-yield bonds have a higher yield than U.S. Treasury securities.
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