Triple-A (AAA or Aaa) is the highest credit quality, and C or D (depending on the agency issuing the rating) is the lowest or junk quality. Bonds are debt securities that are sold to raise funds ...
To determine our top choices for the best junk bond ETFs, we screened the available universe of high-yield corporate bond funds using the following criteria: Funds with an overall credit rating of ...
We'll also provide a brief primer on the difference between investment-grade and junk bond securities. Image source: Getty Images. Although their rating systems differ slightly in terms of the ...
Junk bonds have been one of the biggest beneficiaries ... speculative-grade and sub-investment-grade, these bonds carry a rating lower than BBB' from a credit-rating agency such as Moody's or ...
Junk bonds are the corporate debt equivalent of a subprime mortgage, because they are regarded as less than “investment grade” by debt rating agencies like Standard & Poor’s and Moody’s.
Most bond funds will have mandates which make clear ... foreseeing the risk of a junk rating, and thus wanting to avoid being forced to sell at a later date. Any who didn't get out, but who ...