Arcade › Glossary › Markets & Instruments › High-Yield Bond Markets & Instruments High-Yield Bond Also called: junk bond A bond from a riskier issuer, paying more to compensate for a real chance of default — bluntly, a 'junk' bond. Higher income, bumpier ride, and the first to suffer when the economy turns. Want more than a definition? Learn it in Risk Arena → Related terms Credit Rating Credit Spread Bond ← Previous Free Float Next → Inverted Yield Curve ← All Markets & Instruments terms
