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Glossary > J > "Junk bond" Definition

Junk bond

A bond with a speculative credit rating of BB (S&P) or Ba (Moodys) or lower is a junk or high yield bond. Such bonds offer investors higher yields than bonds of financially sound companies. Two agencies, Standard & Poors and Moodys investor services, provide the rating systems for companies credit.

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Junk bond - A bond with a speculative credit rating of BB (S&P) or Ba (Moodys) or lower is a junk or high yield bond. Such bonds offer investors higher yields than bonds of financially sound companies. Two agencies, Standard & Poors and Moodys investor services, provide the rating systems for companies credit.

Junk bond : a bond with a speculative credit rating of bb (s&p) or ba (moodys) or lower is a junk or high yield bond. such bonds offer investors higher yields than bonds of financially sound companies. two agencies, standard & poors and moodys investor services, provide the rating systems for companies credit.