Junk bonds have been around, in one form or another, ever since the 1800s.
Junk bonds provide a total return of at least 10 percent, she said.
I didn't issue junk bonds and put people out of work.
But you cannot say exactly what a junk bond is?
Junk bonds today are a critical part of the world's financial scene.
Prices of many junk bonds were down at least a point, or $10 for every $1,000 face amount.
Now, 20 percent of the fund is in junk bonds.
The $1-a-share increase would raise the value of the junk bonds to $9.
Last week was not a happy one in the "junk bond" market.
Many began selling a year ago, when they held junk bonds with a face value of $14.4 billion.