Discover how junk bonds, rated below investment grade, offer high yields. Learn about their risks, credit ratings, and role as market indicators.

Discover how risk-based pricing affects interest rates and loan terms, and learn about the 2011 federal rule boosting ...

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Recent Wharton research explains a long-standing puzzle in bond pricing to provide a more reliable foundation for evaluating corporate credit risk. The financial markets have for long grappled with a ...

A man and a woman choose from an array of credit cards and dollar banknotes, 1979. (Photo by Alfred Gescheidt/Getty Images) Private credit — direct lending to businesses outside the public bond ...

Although shares in companies driving the AI boom are still among the biggest gainers on global equity markets this year, many ...