Series 7 Exam Prep 26, Bond Ratings and Credit Risk

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The key differences between investment-grade and high-yield (junk) bonds, including their S&P and Moody's rating thresholds. - How credit upgrades and downgrades from rating agencies inversely impact a bond's market price and yield. - The definition of a "fallen angel" and what it signifies about an issuer's changing financial health. - The priority of claims in a corporate bankruptcy, from secured debt holders down to common stockholders. - How to apply credit risk principles to Series 7 suitability questions by matching bond credit quality to a client's risk tolerance. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep