What is a High-Yield Bond?
A high-yield bond is a debt security issued by a corporation with a lower-than-investment grade rating. Get answers to similar questions about high-yield bonds from our primer below.
LCD News & Analysis
23 June 2020—
US high-yield issuance sets new records, with Fed at market's back
22 June 2020—Update: Coronavirus-era RC drawdowns top $315B, via 834 US borrowers
17 June 2020—Fridson on Finance: Bond ratings' role in dramatic, post-Fed stock recoveries
16 June 2020—US high-yield bond market eyes record June as Fed-fueled debt issuance rolls on
15 June 2020—Fridson on Finance: Hot high-yield bond market hints at return to normal, despite current risk
11 June 2020—Smaller, shorter, less risk: Amid downgrade wave, US CLOs shift structure
10 June 2020—Covenant-relief activity soars as US leveraged loan issuers seek flexibility
8 June 2020—In market first, leveraged loan pricing for Logoplaste linked to ESG factors
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LCD News & Insights
With real-time news and proprietary analytics, LCD provides actionable news and technicals for the U.S. and European leveraged loan, high-yield bond, distressed, and investment-grade corporate markets. Plug into the leveraged finance space with some of our complimentary stories on originations, downgrades, and other market-level trends.
Our High-Yield Bond Primer details the high-yield loan market mechanics and historical trends
What is a high-yield bond? Our free, digital High-Yield Bond Primer is the definitive guide to high-yield bond markets and the industry. It covers high-yield bond purposes, investment grades, junk bonds, issuers, investors, structure, covenants, bond math, registration, derivatives, and everything in between.
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