AllianceBernstein Credit Analyst interview questions

The interviewer asks questions to which the interviewee responds, usually providing information. That information may be used or provided to other audiences immediately or later.High-yield bonds (also called junk bonds) are bonds that pay higher interest rates because they have lower credit ratings than investment-grade bonds. High-yield bonds are more likely to default, so they pay a higher yield than investment-grade bonds to compensate investors.