279 United Airlines started selling off their high yield bonds.... "BuT MuH sUrGiNg EcOnoMy" (media.greatawakening.win) posted 3 years ago by MickHigan2 3 years ago by MickHigan2 +279 / -0 34 comments download share 34 comments share download save hide report block hide replies
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)