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junk bond
noun
: a high-risk bond that offers a high yield
Example Sentences
Recent Examples on the Web The performance starkly contrasts a 1.3 per cent gain for debt rated double B, the highest quality segment of the junk bond market. 
Andrew Stuttaford, National Review, 1 July 2022 Following the invasion, Fitch downgraded Ukraine’s debt rating to CCC, which places it deep in junk bond territory and among some of the least creditworthy issuers around. Christiaan Hetzner, Fortune, 2 Mar. 2022 Milken, whose junk bond empire helped fuel the go-go 1980s, pleaded guilty to securities fraud in 1990 and served two years in prison before remaking his image as a prominent philanthropist. Chase Peterson-withorn, Forbes, 5 May 2022 Thursday’s credit hike from Moody’s comes after the ratings agency last year elevated the state’s credit to two notches above junk bond status from one, the first upgrade for Illinois since Republican George Ryan was governor. Dan Petrella, Chicago Tribune, 21 Apr. 2022 Of the three major ratings agencies, Fitch is the only one that has yet to upgrade the state’s credit from one notch above junk bond status. Dan Petrella, chicagotribune.com, 19 Apr. 2022 Yields in the junk bond market have begun to creep higher. Matt Egan, CNN, 25 Jan. 2022 The junk bond market’s schedule of bond maturity dates. Ivan Illán, Forbes, 26 Oct. 2021 At least three developers defaulted on their dollar debt this month as junk bond yields surged to a decade-high. Time, 22 Oct. 2021 See More
Andrew Stuttaford, National Review, 1 July 2022 Following the invasion, Fitch downgraded Ukraine’s debt rating to CCC, which places it deep in junk bond territory and among some of the least creditworthy issuers around. Christiaan Hetzner, Fortune, 2 Mar. 2022 Milken, whose junk bond empire helped fuel the go-go 1980s, pleaded guilty to securities fraud in 1990 and served two years in prison before remaking his image as a prominent philanthropist. Chase Peterson-withorn, Forbes, 5 May 2022 Thursday’s credit hike from Moody’s comes after the ratings agency last year elevated the state’s credit to two notches above junk bond status from one, the first upgrade for Illinois since Republican George Ryan was governor. Dan Petrella, Chicago Tribune, 21 Apr. 2022 Of the three major ratings agencies, Fitch is the only one that has yet to upgrade the state’s credit from one notch above junk bond status. Dan Petrella, chicagotribune.com, 19 Apr. 2022 Yields in the junk bond market have begun to creep higher. Matt Egan, CNN, 25 Jan. 2022 The junk bond market’s schedule of bond maturity dates. Ivan Illán, Forbes, 26 Oct. 2021 At least three developers defaulted on their dollar debt this month as junk bond yields surged to a decade-high. Time, 22 Oct. 2021 See More Word History
First Known Use
1974, in the meaning defined above
Time Traveler
The first known use of junk bond was in 1974 👨🏻🏫 Mr. Ng 韋氏詞典 📚 – mw.mister5️⃣.net
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