What is a Low-Rated, Potentially Higher-Paying Bond Called and How to Invest in Them?
Hey folks, have you heard the term “junk bond”? Well, that’s definitely not what we’re talking about today. We’re focusing on low-rated, potentially higher-paying bonds, also known as “high yield bonds.” These bonds have a credit rating below investment grade, meaning they carry a higher risk of default. This increased risk is reflected in their … Read more