Sentences with phrase «junk status due»
For example, an oil company that has reported sustained losses over several quarters due to falling oil prices may see its investment - grade bonds downgraded to junk status due to increasing risk of default.
https://www.investopedia.com/ Not exact matches
A fallen angel is a bond that was given an investment - grade rating but has since been reduced to junk bond status due to the weakening financial condition of the issuer.