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Junk Bond

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In finance, a high yield bond (non-investment grade bond, speculative grade bond or junk bond) is a bond that is rated below investment grade at the time of purchase.

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Source

This entry includes content from the following Wikipedia article: Junk bond

Link to this page: "http://ec2-18-221-132-222.us-east-2.compute.amazonaws.com/w/index.php?title=Junk_Bond&oldid=20610"