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WHAT IS A JUNK BOND?
Public Straight Debt Outstanding 19771987
Variant Types of High Yield Issues
10 other sections not shown
A.M. Best acquisitions Alliance for Capital billion bondholders Capital Access corporate bonds corporate debt corporate mergers coupon debt issues debt securities default rate Drexel Burnham Lambert ﬁgure Finance ﬁnance corporate ﬁnancial markets Fridson Fritz Wahl grade securities High Performance high yield bonds High Yield Debt high yield securities High Yield Usable high yield variable Holdings of Junk Ibid industry interest rate issues invest in junk investment grade investors issued junk bonds issuer July June junk bond ﬁnancing junk bond holdings junk bond market leveraged buyouts Morgan Stanley mutual funds non-investment grade bonds outstanding pension funds PIK bonds portfolios preferred stock risk Salomon Brothers Inc securitization signiﬁcant speciﬁc Standard & Poor’s tender offer tender offer ﬁnancing U.S. Congress U.S. Govt Variable Interest Rate Wahl and Steven Wall Street Journal yield bond market Yield Debt Market Yield Usable Bonds yield variable interest Zero-Coupon Bonds