Financial Dictionary
Atlantic Financial
Atlantic Financial
Investment
Word
A High Yield Bond is also called a 'junk bond'.
These bonds are rated lower by rating agencies which means that they are more
risky and have a higher chance of default. Junk bonds are often misunderstood by
the public, certainly they are not as safe as government bonds or other high
rated bonds but, carefully chosen, they can be an important part of many
financial plans.
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High Yield Bond
