BOND RATINGS AND DEFAULT RISK
A bond investor's worst nightmare is to witness the default or complete bankruptcy of the firm that issued his or her bond. A default generally results in a loss on your investment. To help investors avoid such losses, rating firms have established bond ratings in an attempt to evaluate the default risk of specific bonds. In the following tutorial, you will learn about the following topics related to bond ratings and default risk:
What Is Default Risk? How to Interpret Bond Ratings Why You Should Read Bond Ratings?
Let's begin this tutorial by learning about default risk, one of the fundamental concepts in bond analysis.
Course Topics: Bond Basics | Types of Bonds | Bond Features Buying, Selling and Trading Bonds
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