the bonds are insured the bonds are junk bonds the bonds are referred to as "high yield" bonds both that the bonds are insured and the bonds are junk bonds both that the bonds are junk bonds and the bonds are referred to as "high yield" bonds
the bonds are insuredthe bonds are junk bondsthe bonds are referred to as "high yield" bondsboth that the bonds are insured and the bonds are junk bondsboth that the bonds are junk bonds and the bonds are referred to as "high yield" bonds