Junk Bonds

Abstract: A 6 page research paper. 'Junk' is the common name for bonds issued by companies with below-investment-grade credit ratings of BB or less. Because these firms are considered more likely to default, they must offer higher yields to attract investors. The economy's long and steady sustained growth over the last seven years has enabled these businesses of questionable credit ratings to prosper along with those with better credit standings, and few junk issuers are having any trouble making their payments. Bonds are attractive to investors of any age. Bibliography lists 8 sources.

Filename: Junkbond.wps

Pages: 6

---

Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

---