Financial Dictionary

Financial Dictionary - definitons of investment, economic and financial terms

Atlantic Financial

Atlantic Financial

Investment Word

High Yield Bond

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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.

High Yield Bond - definition

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