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Examples of junk bond in a Sentence
Recent Examples on the Web
As junk bonds fueled a wave of hostile acquisitions, Boesky became the archetype of the savvy speculator, reaping hundreds of millions of dollars in profits on takeover bets.
—Greg Farrell, Fortune, 20 May 2024
Michael Milken Sentence: 10 years Behind bars: 2 years
Net worth: $6.5 billion
Milken became famous for fueling the go-go 1980s with junk bond financing from investment bank Drexel Burnham Lambert.
—Devin Sean Martin, Forbes, 29 Mar. 2024
Sort of like Michael Milliken buying junk bonds, as a close-enough analogy.
—Zain Jaffer, Rolling Stone, 5 Apr. 2024
Fitch Ratings this week moved Boeing’s credit rating closer to junk bond status.
—Quartz Staff, Quartz, 17 Mar. 2024
While it’s taken a long time for the market to realize this, 2024 has been the year of realizing the benefits of junk bonds.
—Michael Foster, Forbes, 29 Mar. 2024
And ratings agency Fitch says the company’s default risk is inching closer to junk bond territory.
—Melvin Backman, Quartz, 18 Mar. 2024
In addition to Musk and Murdoch, the award will be presented to billionaire Michael Milken (known for his dominance of the junk bond market in the 1980s before pleading guilty to securities violations), Sylvester Stallone and Martha Stewart.
—Zoe G Phillips, The Hollywood Reporter, 18 Mar. 2024
The good news is that debts coming due by the end of 2024 in the junk bond market constitute only about 8 percent of the outstanding market, according to data compiled by Bloomberg.
—Joe Rennison, New York Times, 28 Nov. 2023
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'junk bond.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1974, in the meaning defined above
Articles Related to junk bond
Dictionary Entries Near junk bond
Cite this Entry
“Junk bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/junk%20bond. Accessed 12 Jun. 2024.
Legal Definition
junk bond
see bond sense 2
More from Merriam-Webster on junk bond
Britannica.com: Encyclopedia article about junk bond
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