Interest Rate Risk of Corporate Bonds

Yankee Bonds: dollar denominated bonds, issued by foreign entities in the US. Credit risk. Investment grade: AAA to BBB. Non-Investment grade: BB to D. Original issue. Fallen angel. Seniority . o. f Debt. Senior Secured - backed by collateral. Mortgage bonds: real property. Collateral trust bond: backed by stocks, bonds, notes (holding companies) ................
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