Are corporate bonds high risk 2024?
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Works at the International Fund for Agricultural Development, Lives in Rome, Italy.
Most corporate bonds are debentures, meaning they are not secured by collateral. Investors in such bonds must assume not only interest rate risk but also credit risk, the chance that the corporate issuer will default on its debt obligations.
2023-05-11 11:06:47
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Emily Adams
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Most corporate bonds are debentures, meaning they are not secured by collateral. Investors in such bonds must assume not only interest rate risk but also credit risk, the chance that the corporate issuer will default on its debt obligations.