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
Another reason for investors’ apparent equanimity: The junk bond market is generally higher quality now than it used to be.
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
A few days later, Moody’s rating service downgraded the debt of the national oil company, Petroleos Mexicanos, or Pemex, even further into junk bond status.
From Seattle Times ● Feb. 15, 2024
He later moved to the West Coast, where Milken set up his junk bond shop in Beverly Hills in 1978.
From Los Angeles Times ● Nov. 7, 2023
