Financial Dictionary
Investment Word
Atlantic Financial
Atlantic Financial
Investment Word
High Yield Bond
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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