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
9 July 2020—
Coronavirus effects to spur restructurings, create opportunity in UK, Europe
8 July 2020—Fridson on Finance: Fallen angel and energy returns on the rise
6 July 2020—US leveraged loan defaults total $23B in Q2, the highest quarterly volume since 2009
6 July 2020—Via thyssenkrupp, the global leveraged finance market gets a glimpse of the new normal
25 June 2020—Fridson on Finance: Credit quality in high-yield bond market dips thanks to recent overvaluation
24 June 2020—Fridson on Finance: Hertz stock surge cited as "froth", but bondholders disagree
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
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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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