Junk bonds have been around, in one form or another, ever since the 1800s.

Junk bonds provide a total return of at least 10 percent, she said.

I didn't issue junk bonds and put people out of work.

But you cannot say exactly what a junk bond is?

Junk bonds today are a critical part of the world's financial scene.

Prices of many junk bonds were down at least a point, or $10 for every $1,000 face amount.

Now, 20 percent of the fund is in junk bonds.

The $1-a-share increase would raise the value of the junk bonds to $9.

Last week was not a happy one in the "junk bond" market.

Many began selling a year ago, when they held junk bonds with a face value of $14.4 billion.