High yield bonds
Bonds with a speculative credit rating (below BB (S&P) or Baa (Moody's) or lower). High-yield bonds offer investors higher yields than bonds of financially sound companies. High-yield bonds are also known as "junk" bonds.
Bonds with a speculative credit rating (below BB (S&P) or Baa (Moody's) or lower). High-yield bonds offer investors higher yields than bonds of financially sound companies. High-yield bonds are also known as "junk" bonds.