Junk bonds which are rated lower than triple B are also classified as

A high yield bonds
B low yield bonds
C zero floating bonds
D high floating rate bonds

Correct Answer: high yield bonds

Junk bonds which are rated lower than triple B are also classified as high yield bonds. A high-yield bond is a high paying bond with a lower credit rating than investment-grade corporate bonds, Treasury bonds and municipal bonds. Because of the higher risk of default, these bonds pay a higher yield than investment grade bonds.

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