junk bonds
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How junk bonds are like junk yards
Jan 3, 2012
Marketplace's Paddy Hirsch explains why high-yield bonds are just as risky as used auto parts.
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What is a junk bond?
Dec 16, 2011
Junk. Not a nice word. And when it comes to bonds, not a particularly accurate word, either. Junk is something useless, right? Well, "junk" bonds are definitely not useless. In fact they're extremely useful. Sometimes. Marketplace Senior Producer Paddy Hirsch explains what a junk bond really is.
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