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
Winnick started out in furniture sales and worked with investment banker Michael Milken, the junk bond pioneer, before he came up with the idea for Global Crossing amid the dot-com boom.
From Los Angeles Times • Nov. 7, 2023
His clients included Ivan Boesky, who pleaded guilty to insider trading during the junk bond scandal of the late 1980s, and scores of financial firms.
From New York Times • Jun. 2, 2023
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
