United Airlines started selling off their high yield bonds.... "BuT MuH sUrGiNg EcOnoMy"
(media.greatawakening.win)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (34)
sorted by:
Non-finance pede what exactly is happening with this?
High yield bond AKA junk bonds. Companies in financial trouble float debt to stay alive, investors demand higher interest rates due to higher risk they may not get their principle back (I.e. bankruptcy risk)