Bonds issued by companies with a credit rating of BB or lower by S&P or Fitch, or Ba or lower by Moody’s, are considered junk bonds.Junk bonds, or high-yield bonds because the interest payments are higher than for the average corporate bond, pay high interest rates to entice investors to take on the greater risk of lending them money.Doesn’t that sound like an excellent reason we use junk bonds as a reliable way to assess risk on or off?5 Key Takeaways from this chart
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