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Junk Bonds colloquial term for a high yield or non investment grade bond Junk bonds are fixed income instruments that carry a rating of BB or lower by Standard Poor s or Junk Bonds news morningstar classroom2 course asp docId 5401 page 2When you buy a bond you are lending your money to someone the government or a private company who promises to pay you back etfdb etfdb category high yield bonds58 ETFs are placed in the High Yield Bonds Category Click to see Returns Expenses Dividends Holdings Taxes Technicals and more Junk Bonds investorwords 2686 junk bond htmlDefinition of junk bond A high risk non investment grade bond with a low credit rating usually BB or lower as a consequence it usually has a high bond ou obligation pourrie en fran ais est l appellation famili re d signant aux tats Unis les obligations haut risque obligations qui sont Robert Milken born July 4 1946 is an American financier and philanthropist He is noted for his role in the de...