Corporate bonds are a type of loan that a company takes from the public. It means that companies borrow money from investors by issuing bonds, which promise to pay back the borrowed amount with interest over a fixed period. Full definition
That is one reason why I am skeptical of the run in the high yield corporate bond market at present. (alephblog.com)
Since the bottom of corporate bond market in the 2002, corporations have enjoyed stronger profits and free cash flow. (alephblog.com)
Any significant rise in corporate bond yields would throw cold water on a key artificial impetus in the stock market — corporations borrowing heavily to buy back their own stock. (wallstreetonparade.com)