Junk bonds - Bonds which offer high rates of interest but with correspondingly higher risk attached to the capital. In the US they carry a credit rating of BB and below. Junk bonds fell into disrepute in the late 1980s, and are now termed "high yield bonds".
Junk bonds : bonds which offer high rates of interest but with correspondingly higher risk attached to the capital. in the us they carry a credit rating of bb and below. junk bonds fell into disrepute in the late 1980s, and are now termed "high yield bonds".