Sorry, that isn't the solution.PUNK BAND?
Correct!JUNK BOND?
Your game next. Correct!Your game next.
JUNK/BOND
Wrong solutions: 1
Wrong guesses: Y, T, M, L, E, R, S, A, I
Guessing average: .357
It is a slang term for bonds with a high probability of default:I would NEVER have got this one 😛
Junk bonds, also known as high-yield bonds, are debt securities issued by companies with poor credit ratings, indicating a higher risk of default. They offer higher interest rates to compensate investors for this increased risk compared to investment-grade bonds.