Final answer:
High-yielding corporate bonds that are considered very safe are those with an AAA rating from Moody's. Defensive stocks are from industries like utilities, healthcare, and consumer goods, known for consistent dividends and stability during economic downturns.
Step-by-step explanation:
High-yielding corporate bonds are those that offer relatively high interest rates to compensate for their higher risk of default compared to government-issued securities. Examples of corporate bonds that are considered very safe are those issued by firms with an AAA rating from rating agencies like Moody's. These firms are deemed safe borrowers due to factors such as their size and consistent profit earnings over time, although they still offer a higher interest rate compared to Treasury bonds.
Defensive stocks are those of companies that provide consistent dividends and stable earnings regardless of the overall state of the stock market. Examples include utilities, healthcare, and consumer goods companies. These stocks are considered to provide steady performance even during economic downturns.