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Definitions

junk bond

NOUN
bond rated bb or lower
Synonyms


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.

After nearly a decade of supercharged growth, the junk bond market slumped in the late 1980s following a series of interest rate hikes by the Federal Reserve.

From Reuters

Roughly $90 billion, or 6 percent of the junk bond market, remains in distress, — defined as trading at a yield above Treasuries, or “spread,” of more than 10 percentage points — according to ICE Data Services.

From New York Times

High Yield Index, a commonly used benchmark for the junk bond market, rose to a two-year high of around 600 basis points in July.

From Reuters

The yield spread between the junk bond index and U.S.

From Reuters

Banks and junk bond investors have grown jittery about surging inflation and geopolitical tensions since Russia invaded Ukraine.

From Reuters