Playbook #051: High Yield Bonds
10 min read

Playbook #051: High Yield Bonds

High yield bonds, aka “junk bonds'' are just like other bonds in that they’re an investment in debt, which the issuer promises to repay by a specific maturity date at a set interest rate. Investors receive set coupon payments until the bond matures.
Playbook #051: High Yield Bonds

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