Junk Bond is a designation given to bonds that indicate they are below BBB grade. BBB is a grading that credit rating agencies like Fitch’s, S&P and Moody’s give to bonds. The best possible rating is AAA+.
Junk Bond is a designation given to bonds that indicate they are below BBB grade. BBB is a grading that credit rating agencies like Fitch’s, S&P and Moody’s give to bonds. The best possible rating is AAA+.
