In parts of the US, supper and dinner are used interchangeably to refer to the evening meal, but elsewhere dinner is the midday meal, akin to lunch, and supper, the evening meal.
What is a high-yield corporate bond? A high-yield corporate bond is a type of corporate bond that offers a higher rate of interest because of its higher risk of default. When companies with a greater estimated default risk issue bonds, they may be unable to obtain an investment-grade bond credit rating. conomic risk. If the economy falters, some investors are likely to try to sell their bonds. In what is known as a âflight to quality,â a number of investors may decide to replace their riskier high-yield bonds with safer ones, such as u.s. treasury bonds.
Companies rush to issue debt ahead of an expected rate hike by the Fed. Bloomberg. Dublin-based Actavis issued $21 billion in bonds this year to fund its acquisition of Allergan. Companies have sold corporate bonds in the U.S. at a record clip this year. Corporate bond issuance in the U.S. reached $1.04 trillion through Thursday, the highest level through that period of a year on record, according to Dealogic. It marks the second time U.S.-marketed corporate bond issuance has crossed $1 trillion in the first nine months of the year, the first coming in 2013.