High-Yield Bonds: What You Need to Know

What is a high-yield bond? High-yield corporate bonds — also called “junk bonds” or “non-investment grade bonds” — are debt obligations issued by companies looking to raise capital, and they generally offer higher interest rates than investment-grade corporate or government bonds because their risk factor also may be higher. As with any bond arrangement — investors…

https://www.nerdwallet.com/article/investing/high-yield-bonds

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