Apr 17, 2023

LL vs HY Bonds

What is the difference between a Leveraged Loan and High Yield?

The guide https ://www.wallstreetprep.com/knowledge/ultimate-guide-t… states that "Speculative-grade loans are called “leveraged loans.” Speculative-grade bonds are called “junk” or “high yield” " 

Google is providing me with nothing that actually distinguishes between the two. 

Can a fellow peer help?

Thanks in advance

1 Comments
 

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