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.
In the bond world, that risk comes in a few different forms. The first is the likelihood the bond issuer will make good on its payments. Less credit-worthy issuers will pay a higher yield, or interest rate. Thatâs why the riskiest issuers offer whatâs called high-yield or âjunkâ bonds.