High-Yield Bonds
Bonds issued by companies with credit ratings below investment grade, offering higher interest rates to attract investors with greater risk appetite. They serve as an important debt financing instrument for growth-stage companies seeking capital outside investment-grade markets.
Timeline (last 90 days)
High-yield bonds (commonly known as junk bonds) are bonds issued by companies with credit ratings below investment grade, typically attracting risk-tolerant investors with higher interest rates.
The private credit and high-yield bond markets expanded rapidly in scale after the 2010s due to the low interest rate environment.
Before the dot-com bubble burst in 2000, the high-yield bond market had already tightened financing conditions for technology companies ahead of the broader market.
All Facts (3)
High-yield bonds (commonly known as junk bonds) are bonds issued by companies with credit ratings below investment grade, typically attracting risk-tolerant investors with higher interest rates.
50%UnverifiedThe private credit and high-yield bond markets expanded rapidly in scale after the 2010s due to the low interest rate environment.
50%UnverifiedBefore the dot-com bubble burst in 2000, the high-yield bond market had already tightened financing conditions for technology companies ahead of the broader market.
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