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Definitions

junk bond

NOUN
bond rated bb or lower
Synonyms


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.

Even so, while the majority of junk bond maturing in 2023 did so successfully, another $73 billion are set to mature in the next 18 months, Morgan Stanley noted in a Friday report.

From Reuters

Winnick started out in furniture sales and worked with investment banker Michael Milken, the junk bond pioneer, before he came up with the idea for Global Crossing amid the dot-com boom.

From Los Angeles Times

Data from BondCliQ Media Services notes that $67 billion in outstanding Ford bonds would leave the junk bond market after the upgrade.

From Reuters

After nearly a decade of supercharged growth, the junk bond market slumped in the late 1980s following a series of interest rate hikes by the Federal Reserve.

From Reuters

The junk bond and leveraged loan markets saw borrowing costs spike drastically in the last year as the Federal Reserve raised interest rates in response to inflation.

From Seattle Times