junk bond

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The telecommunications company had spent some $15 billion building fiber-optic networks in 27 countries since it was launched by former Drexel Burnham junk bond trader Gary Winnick in 1997.

From The Wall Street Journal • Jan. 28, 2026

The debacles “may have repercussions on the financial system more broadly,” warns junk bond guru Marty Fridson, chief executive officer of FridsonVision High Yield Strategy.

From Barron's • Oct. 23, 2025

As federal investigators closed in on Mr. Boesky, he agreed to cooperate, providing information that led to the downfall of the investment bank Drexel Burnham Lambert and its junk bond king, Michael Milken.

From New York Times • May 20, 2024

Milken, an investment banker who dominated the junk bond market in the 1980s, pleaded guilty to securities violations in 1990 and was pardoned by President Donald Trump in 2020.

From Los Angeles Times • Jan. 4, 2024

The junk bond and leveraged loan markets saw borrowing costs spike drastically in the last year as the Federal Reserve raised interest rates in response to inflation.

From Seattle Times • Feb. 14, 2023