Junk bonds are bonds that have a low credit rating. They are usually issued by companies with poor financial health and interest rates that are higher than the average. Junk bonds are considered high risk investments because they have a high probability of defaulting on their obligations.
Junk bonds are a type of high-risk debt security issued by companies that have a low credit rating. These bonds are considered risky because they carry higher interest rates than other types of securities, which means they're more likely to default on their payments.
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