Bonds with a rating of Ba or below by Moody's are referred to as speculative grade,high-yield,or junk bonds.

Name: Bonds with a rating of Ba or below by Moody's are referred to as speculative grade,high-yield,or junk bonds.
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This statement is true. Bonds with a rating of Ba or below by Moody's are considered risky and have a higher likelihood of default, so they are referred to as speculative grade, high-yield, or junk bonds.

Bonds with a Rating of Ba or Below by Moody's