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The polite term nowadays (at least according to a FA internship I had many moons ago) is High Yield Bond
by armenarmen 8y ago
The polite term nowadays (at least according to a FA internship I had many moons ago) is High Yield Bond
- dopamean 8y agoI think it has always been a matter of who's talking and what do they think want you to think about the issuance. If it's your investment advisor and they want you to buy it's High Yield. If it's a reporter who thinks the company is acting irresponsibly it's junk.