United Airlines started selling off their high yield bonds.... "BuT MuH sUrGiNg EcOnoMy" - The Great Awakening

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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

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– Sumarongi 7 points 3 years ago +7 / -0

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)

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