High Yield bonds that have a credit rating of BB or less as reported by a reputable independent firm such as Moody’s or Standard and Poor’s. These are generally thought to have a higher degree of risk than better rated bonds.
High Yield bonds that have a credit rating of BB or less as reported by a reputable independent firm such as Moody’s or Standard and Poor’s. These are generally thought to have a higher degree of risk than better rated bonds.